1,747 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,747 shares of the company’s stock, valued at approximately $490,000. CrowdStrike makes up 2.0% of Mizuho Markets Cayman LP’s portfolio, making the stock its 12th largest position.

A number of other hedge funds have also recently bought and sold shares of CRWD. Sheaff Brock Investment Advisors LLC lifted its position in shares of CrowdStrike by 11.7% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 3,831 shares of the company’s stock valued at $1,074,000 after purchasing an additional 400 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in CrowdStrike by 34.8% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 58,728 shares of the company’s stock valued at $16,471,000 after buying an additional 15,161 shares during the last quarter. BluePointe Capital Management LLC boosted its stake in shares of CrowdStrike by 34.0% in the 3rd quarter. BluePointe Capital Management LLC now owns 2,264 shares of the company’s stock worth $635,000 after buying an additional 575 shares during the last quarter. King Wealth Management Group grew its holdings in shares of CrowdStrike by 26.9% in the third quarter. King Wealth Management Group now owns 9,403 shares of the company’s stock valued at $2,637,000 after acquiring an additional 1,996 shares in the last quarter. Finally, CIBC Asset Management Inc increased its position in shares of 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 acquiring an additional 4,303 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO George Kurtz sold 55,325 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $296.62, for a total value of $16,410,501.50. Following the transaction, the chief executive officer now directly owns 1,109,746 shares in the company, valued at $329,172,858.52. This trade represents a 4.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 108,248 shares of company stock valued at $32,465,110. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $336.75 on Friday. The stock’s 50-day moving average is $297.79 and its 200 day moving average is $310.13. The stock has a market cap of $82.55 billion, a price-to-earnings ratio of 488.04, a P/E/G ratio of 23.52 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 1-year low of $198.86 and a 1-year high of $398.33. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26.

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

Analyst Ratings Changes

CRWD has been the subject of a number of recent analyst reports. Wedbush set a $330.00 price objective on CrowdStrike in a research note on Thursday, October 17th. Guggenheim cut shares of CrowdStrike from a “buy” rating to a “neutral” rating in a research note on Monday, July 22nd. JPMorgan Chase & Co. decreased their price target on shares of CrowdStrike from $400.00 to $330.00 and set an “overweight” rating for the company in a research note on Monday, July 29th. Truist Financial reiterated a “buy” rating and issued a $325.00 price objective on shares of CrowdStrike in a research note on Wednesday, August 28th. Finally, Oppenheimer decreased their target price on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $328.74.

CrowdStrike 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.