Mizuho Securities USA LLC Has $4.20 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mizuho Securities USA LLC reduced its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,972 shares of the company’s stock after selling 2,815 shares during the quarter. Mizuho Securities USA LLC’s holdings in CrowdStrike were worth $4,199,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CRWD. Abich Financial Wealth Management LLC bought a new stake in shares of CrowdStrike in the 2nd quarter valued at about $25,000. Oakworth Capital Inc. bought a new stake in CrowdStrike in the third quarter valued at approximately $28,000. Tsfg LLC lifted its position in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares during the last quarter. Family Firm Inc. bought a new position in shares of CrowdStrike during the 2nd quarter worth approximately $30,000. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $357.55 on Friday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The company has a market cap of $87.65 billion, a P/E ratio of 518.19, a P/E/G ratio of 23.89 and a beta of 1.10. The firm has a 50-day moving average of $305.77 and a 200-day moving average of $311.53. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90.

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

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the sale, the insider now directly owns 174,591 shares of the company’s stock, valued at $45,521,111.43. This represents a 2.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Kurtz sold 55,325 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $296.62, for a total transaction of $16,410,501.50. Following the completion of the transaction, the chief executive officer now directly owns 1,109,746 shares of the company’s stock, valued at approximately $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 ninety days, insiders have sold 108,248 shares of company stock valued at $32,465,110. 4.34% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group cut their target price on shares of CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a research note on Thursday, August 15th. UBS Group cut their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. HSBC raised shares of CrowdStrike from a “hold” rating to a “buy” rating and lifted their price target for the company from $302.00 to $339.00 in a report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on CrowdStrike from $350.00 to $275.00 and set a “hold” rating on the stock in a research report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, thirty-one have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $334.33.

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.