Mizuho Markets Cayman LP Purchases New Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mizuho Markets Cayman LP bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,747 shares of the company's stock, valued at approximately $490,000. CrowdStrike makes up approximately 2.0% of Mizuho Markets Cayman LP's investment portfolio, making the stock its 12th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Sheaff Brock Investment Advisors LLC boosted its stake in shares of CrowdStrike by 11.7% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 3,831 shares of the company's stock worth $1,074,000 after buying an additional 400 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in CrowdStrike by 34.8% during the third quarter. Signature Estate & Investment Advisors LLC now owns 58,728 shares of the company's stock valued at $16,471,000 after purchasing an additional 15,161 shares in the last quarter. BluePointe Capital Management LLC lifted its position in CrowdStrike by 34.0% during the third quarter. BluePointe Capital Management LLC now owns 2,264 shares of the company's stock valued at $635,000 after purchasing an additional 575 shares in the last quarter. King Wealth Management Group lifted its position in CrowdStrike by 26.9% during the third quarter. King Wealth Management Group now owns 9,403 shares of the company's stock valued at $2,637,000 after purchasing an additional 1,996 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its position in CrowdStrike by 6.4% during the third quarter. CIBC Asset Management Inc now owns 71,842 shares of the company's stock valued at $20,150,000 after purchasing an additional 4,303 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Down 2.2 %

CrowdStrike stock traded down $7.61 during mid-day trading on Friday, reaching $336.75. 3,460,547 shares of the company were exchanged, compared to its average volume of 5,024,086. The business has a fifty day moving average of $297.79 and a 200 day moving average of $310.13. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $82.55 billion, a P/E ratio of 488.04, a PEG ratio of 23.52 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 12-month low of $198.86 and a 12-month high of $398.33.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.07. The business had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The business's quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 earnings per share. Research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the business's stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares of the company's stock, valued at approximately $11,582,623.36. The trade was a 4.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the sale, the insider now directly owns 120,298 shares in the company, valued at $40,954,251.12. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 108,248 shares of company stock valued at $32,465,110 in the last ninety days. Company insiders own 4.34% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on CRWD. BTIG Research downgraded CrowdStrike from a "buy" rating to a "neutral" rating in a research report on Monday, July 22nd. UBS Group lowered their price objective on CrowdStrike from $330.00 to $310.00 and set a "buy" rating on the stock in a research report on Thursday, August 29th. Needham & Company LLC began coverage on CrowdStrike in a research report on Monday, September 23rd. They issued a "buy" rating and a $360.00 price objective on the stock. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. Finally, Susquehanna reaffirmed a "positive" rating and issued a $310.00 target price on shares of CrowdStrike in a report on Thursday, September 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $328.74.

About CrowdStrike

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.