Mitsubishi UFJ Asset Management Co. Ltd. Has $153.48 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.7% during the fourth quarter, HoldingsChannel reports. The firm owned 427,507 shares of the company’s stock after buying an additional 11,208 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in CrowdStrike were worth $153,484,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of CRWD. Vanguard Group Inc. boosted its stake in CrowdStrike by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock valued at $7,502,204,000 after purchasing an additional 342,294 shares during the period. State Street Corp boosted its position in shares of CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after acquiring an additional 275,717 shares during the period. Jennison Associates LLC grew its stake in shares of CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after acquiring an additional 352,180 shares during the last quarter. Geode Capital Management LLC increased its position in CrowdStrike by 2.0% during the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock worth $1,367,505,000 after acquiring an additional 97,990 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in CrowdStrike by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock valued at $440,461,000 after purchasing an additional 171,861 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 2,141 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $371.79, for a total value of $796,002.39. Following the completion of the transaction, the chief accounting officer now directly owns 34,024 shares in the company, valued at $12,649,782.96. The trade was a 5.92 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,801 shares of company stock worth $42,092,255. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CrowdStrike stock opened at $366.56 on Friday. The business’s 50-day simple moving average is $388.15 and its 200 day simple moving average is $347.35. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $90.86 billion, a price-to-earnings ratio of 718.76, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

Analysts Set New Price Targets

A number of brokerages have weighed in on CRWD. BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target for the company in a report on Tuesday. Rosenblatt Securities restated a “buy” rating and set a $450.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Mizuho raised their price objective on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Susquehanna raised their target price on CrowdStrike from $400.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $400.26.

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.