Mizuho Markets Cayman LP Takes $490,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mizuho Markets Cayman LP acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 1,747 shares of the company’s stock, valued at approximately $490,000. CrowdStrike accounts for approximately 2.0% of Mizuho Markets Cayman LP’s holdings, making the stock its 12th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quent Capital LLC increased its position in shares of CrowdStrike by 59.9% during the first quarter. Quent Capital LLC now owns 235 shares of the company’s stock valued at $75,000 after acquiring an additional 88 shares in the last quarter. Nwam LLC grew its stake in shares of CrowdStrike by 5.5% during the 1st quarter. Nwam LLC now owns 2,470 shares of the company’s stock valued at $772,000 after acquiring an additional 128 shares during the period. First Foundation Advisors raised its holdings in CrowdStrike by 22.7% during the first quarter. First Foundation Advisors now owns 265 shares of the company’s stock valued at $85,000 after acquiring an additional 49 shares during the period. Spirepoint Private Client LLC purchased a new position in CrowdStrike during the first quarter valued at $200,000. Finally, Vanguard Group Inc. increased its stake in CrowdStrike by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock worth $5,149,124,000 after acquiring an additional 315,280 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now owns 38,962 shares in the company, valued at approximately $11,582,623.36. The trade was a 4.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the sale, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. This trade represents a 3.22 % 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 worth $32,465,110. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $336.75 on Friday. The stock has a fifty day simple moving average of $297.79 and a 200-day simple moving average of $310.13. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The stock has a market cap of $82.55 billion, a PE ratio of 488.04, a P/E/G ratio of 23.52 and a beta of 1.10. CrowdStrike Holdings, Inc. has a twelve month low of $198.86 and a twelve month high of $398.33.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of CrowdStrike from $350.00 to $275.00 and set a “hold” rating on the stock in a research note on Monday, August 26th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research note on Thursday, September 19th. BNP Paribas initiated coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 price objective on the stock. Argus lowered their target price on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Finally, Royal Bank of Canada cut their price target on shares of CrowdStrike from $345.00 to $335.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.