Mizuho Markets Cayman LP Lowers Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mizuho Markets Cayman LP trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 59.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 717 shares of the company's stock after selling 1,030 shares during the quarter. CrowdStrike accounts for approximately 0.6% of Mizuho Markets Cayman LP's holdings, making the stock its 18th biggest holding. Mizuho Markets Cayman LP's holdings in CrowdStrike were worth $245,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CRWD. State Street Corp increased its stake in shares of CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company's stock valued at $2,701,144,000 after buying an additional 275,717 shares during the period. Jennison Associates LLC raised its holdings in CrowdStrike by 6.9% in the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock worth $1,854,843,000 after purchasing an additional 352,180 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of CrowdStrike by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock worth $1,367,505,000 after purchasing an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of CrowdStrike by 12.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company's stock worth $440,461,000 after purchasing an additional 171,861 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of CrowdStrike by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company's stock valued at $485,551,000 after buying an additional 64,581 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 2,858 shares of the business's stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the sale, the chief accounting officer now directly owns 38,201 shares of the company's stock, valued at $13,916,242.29. The trade was a 6.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Kurtz sold 22,449 shares of the firm's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the completion of the transaction, the chief executive officer now owns 2,178,452 shares of the company's stock, valued at $781,367,163.36. This trade represents a 1.02 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 113,659 shares of company stock worth $43,133,396. Insiders own 4.34% of the company's stock.

CrowdStrike Stock Down 3.5 %

Shares of CRWD traded down $13.54 during midday trading on Wednesday, hitting $371.41. 3,274,444 shares of the company's stock traded hands, compared to its average volume of 4,779,053. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm's fifty day moving average is $387.90 and its 200-day moving average is $347.04. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $92.06 billion, a price-to-earnings ratio of 728.27, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CRWD. Wedbush increased their target price on CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Susquehanna raised their price objective on CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a research report on Wednesday, March 5th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $450.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Oppenheimer lifted their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Finally, Evercore ISI upped their price objective on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average price target of $400.26.

CrowdStrike Company Profile

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.