CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is Mizuho Securities Co. Ltd.’s 6th Largest Position

Mizuho Securities Co. Ltd. reduced its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 91.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,000 shares of the company’s stock after selling 11,130 shares during the quarter. CrowdStrike comprises approximately 5.3% of Mizuho Securities Co. Ltd.’s portfolio, making the stock its 6th biggest holding. Mizuho Securities Co. Ltd.’s holdings in CrowdStrike were worth $349,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in CRWD. Kingsview Wealth Management LLC grew its stake in CrowdStrike by 9.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock worth $2,285,000 after acquiring an additional 684 shares during the period. Fisher Asset Management LLC grew its position in shares of CrowdStrike by 17.9% in the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock valued at $626,000 after purchasing an additional 339 shares during the period. Boston Family Office LLC increased its stake in CrowdStrike by 64.7% in the third quarter. Boston Family Office LLC now owns 2,278 shares of the company’s stock valued at $639,000 after purchasing an additional 895 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in CrowdStrike by 101.6% during the third quarter. Brown Brothers Harriman & Co. now owns 254 shares of the company’s stock worth $71,000 after buying an additional 128 shares during the period. Finally, Truvestments Capital LLC boosted its stake in CrowdStrike by 18.1% in the 3rd quarter. Truvestments Capital LLC now owns 926 shares of the company’s stock worth $260,000 after buying an additional 142 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of several recent analyst reports. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. increased their price target on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Rosenblatt Securities reissued a “buy” rating and set a $450.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Bank of America increased their target price on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Finally, Wells Fargo & Company boosted their price target on CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $400.26.

CrowdStrike Price Performance

Shares of CRWD opened at $384.95 on Wednesday. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. 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 firm has a market cap of $95.42 billion, a price-to-earnings ratio of 754.82, a PEG ratio of 17.86 and a beta of 1.19. The stock has a 50 day moving average of $387.90 and a 200-day moving average of $347.04.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 2,858 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the completion of the transaction, the chief accounting officer now owns 38,201 shares in the company, valued at $13,916,242.29. The trade was a 6.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 2,547 shares of the company’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $365.96, for a total value of $932,100.12. Following the transaction, the insider now owns 82,071 shares of the company’s stock, valued at approximately $30,034,703.16. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 113,659 shares of company stock worth $43,133,396 over the last 90 days. Insiders own 4.34% of the company’s stock.

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.