Mizuho Markets Cayman LP Has $245,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mizuho Markets Cayman LP lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 59.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 717 shares of the company’s stock after selling 1,030 shares during the period. CrowdStrike comprises approximately 0.6% of Mizuho Markets Cayman LP’s investment portfolio, making the stock its 18th biggest position. Mizuho Markets Cayman LP’s holdings in CrowdStrike were worth $245,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Optimum Investment Advisors grew its holdings in shares of CrowdStrike by 33.0% during the 4th quarter. Optimum Investment Advisors now owns 266 shares of the company’s stock valued at $91,000 after purchasing an additional 66 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in CrowdStrike in the fourth quarter valued at $27,082,000. Sykon Capital LLC raised its position in CrowdStrike by 3.2% during the 4th quarter. Sykon Capital LLC now owns 4,007 shares of the company’s stock worth $1,371,000 after purchasing an additional 124 shares during the last quarter. Intellus Advisors LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $590,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $91,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $362.24 on Friday. The stock’s 50-day simple moving average is $386.53 and its two-hundred day simple moving average is $344.65. The firm has a market capitalization of $89.79 billion, a P/E ratio of 710.29, a P/E/G ratio of 17.86 and a beta of 1.19. 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 twelve month low of $200.81 and a twelve month high of $455.59.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Canaccord Genuity Group upped their price objective on shares of CrowdStrike from $370.00 to $420.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Jefferies Financial Group decreased their target price on CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Scotiabank reissued a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, Piper Sandler set a $347.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $399.51.

Insiders Place Their Bets

In related news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. This trade represents a 4.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the sale, the director now owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This represents a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 100,315 shares of company stock valued at $38,319,124 in the last quarter. Corporate 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.