Mufg Securities Americas Inc. Acquires Shares of 3,436 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mufg Securities Americas Inc. purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 3,436 shares of the company’s stock, valued at approximately $1,176,000.

A number of other large investors also recently modified their holdings of CRWD. Capital Investment Advisors LLC grew its holdings in CrowdStrike by 24.4% during the 4th quarter. Capital Investment Advisors LLC now owns 2,134 shares of the company’s stock worth $730,000 after acquiring an additional 419 shares during the period. Grassi Investment Management bought a new position in shares of CrowdStrike during the 4th quarter worth about $240,000. AdvisorNet Financial Inc lifted its position in CrowdStrike by 9.3% in the 4th quarter. AdvisorNet Financial Inc now owns 1,454 shares of the company’s stock valued at $498,000 after acquiring an additional 124 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in CrowdStrike by 17.0% in the 4th quarter. Signal Advisors Wealth LLC now owns 2,163 shares of the company’s stock valued at $740,000 after acquiring an additional 314 shares in the last quarter. Finally, Lpwm LLC bought a new position in CrowdStrike in the 4th quarter valued at about $217,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $435.94 on Thursday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market capitalization of $108.06 billion, a P/E ratio of 854.80, a P/E/G ratio of 17.86 and a beta of 1.22. The company has a fifty day moving average of $381.19 and a 200-day moving average of $372.47.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. UBS Group dropped their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Roth Capital started coverage on shares of CrowdStrike in a research report on Wednesday, April 23rd. They set a “buy” rating and a $410.00 target price on the stock. Truist Financial dropped their target price on shares of CrowdStrike from $460.00 to $450.00 and set a “buy” rating on the stock in a research report on Monday, March 31st. The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Stephens started coverage on shares of CrowdStrike in a research report on Tuesday, April 1st. They set an “overweight” rating and a $450.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $403.20.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 55,556 shares of CrowdStrike stock in a transaction on Monday, May 5th. The shares were sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the completion of the sale, the chief executive officer now directly owns 2,192,610 shares of the company’s stock, valued at approximately $981,280,679.40. The trade was a 2.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares of the company’s stock, valued at $31,669,042. This represents a 4.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 189,431 shares of company stock valued at $76,275,228. Insiders own 3.32% 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.