CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 427,507 shares of the company’s stock after purchasing an additional 11,208 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.17% of CrowdStrike worth $153,484,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Jacobi Capital Management LLC boosted its holdings in CrowdStrike by 1.9% in the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock valued at $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC grew its position in shares of CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock valued at $246,000 after buying an additional 29 shares during the last quarter. Synergy Financial Group LTD raised its stake in CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after acquiring an additional 30 shares during the period. Finally, Greenwich Wealth Management LLC lifted its holdings in CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock worth $265,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, CFO Burt W. Podbere sold 13,529 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.10, for a total transaction of $4,844,734.90. Following the transaction, the chief financial officer now owns 244,739 shares in the company, valued at $87,641,035.90. This represents a 5.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,801 shares of company stock worth $42,092,255. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 1.3 %

Shares of NASDAQ:CRWD opened at $366.56 on Friday. The firm has a fifty day moving average of $388.15 and a two-hundred day moving average of $347.35. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The firm has a market capitalization of $90.86 billion, a P/E ratio of 718.76, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CRWD shares. JPMorgan Chase & Co. increased their price target on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. BMO Capital Markets increased their price objective on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Cantor Fitzgerald reissued an “overweight” rating and set a $440.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. DA Davidson upped their price objective on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Finally, Robert W. Baird lowered their target price on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.