Mutual of America Capital Management LLC Has $9.54 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mutual of America Capital Management LLC lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,875 shares of the company’s stock after selling 552 shares during the period. Mutual of America Capital Management LLC’s holdings in CrowdStrike were worth $9,538,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jennison Associates LLC boosted its stake in CrowdStrike by 25.0% in the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after purchasing an additional 1,013,161 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of CrowdStrike by 1,655.9% in the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after purchasing an additional 712,900 shares in the last quarter. State Street Corp boosted its position in shares of CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after buying an additional 275,717 shares during the period. Proficio Capital Partners LLC bought a new position in shares of CrowdStrike during the fourth quarter worth about $86,869,000. Finally, Whale Rock Capital Management LLC acquired a new stake in CrowdStrike in the 3rd quarter valued at approximately $69,280,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 2.5 %

NASDAQ CRWD opened at $389.66 on Friday. 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 company has a market cap of $95.98 billion, a price-to-earnings ratio of 764.05, a PEG ratio of 17.86 and a beta of 1.16. The company has a 50 day moving average of $386.94 and a 200-day moving average of $335.50. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Jefferies Financial Group raised their target price on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. UBS Group lifted their price target on shares of CrowdStrike from $396.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday. Needham & Company LLC increased their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $389.50.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 10,801 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 106,565 shares of company stock worth $40,570,629 in the last 90 days. Company insiders own 4.34% of the company’s stock.

About CrowdStrike

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.