Mufg Securities Americas Inc. Makes New $1.18 Million Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mufg Securities Americas Inc. bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,436 shares of the company's stock, valued at approximately $1,176,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Empirical Asset Management LLC purchased a new position in CrowdStrike during the fourth quarter valued at $11,310,000. Primoris Wealth Advisors LLC purchased a new position in CrowdStrike during the fourth quarter valued at $2,166,000. Arcadia Investment Management Corp MI raised its stake in CrowdStrike by 30.8% during the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock valued at $4,090,000 after buying an additional 2,814 shares during the last quarter. Greenleaf Trust raised its stake in CrowdStrike by 53.4% during the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company's stock valued at $1,015,000 after buying an additional 1,033 shares during the last quarter. Finally, Trifecta Capital Advisors LLC increased its holdings in shares of CrowdStrike by 2,140.3% in the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company's stock worth $3,066,000 after purchasing an additional 8,561 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CRWD. Rosenblatt Securities reissued a "buy" rating and issued a $450.00 target price on shares of CrowdStrike in a report on Thursday, May 8th. Robert W. Baird reduced their target price on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a report on Wednesday, March 5th. Wells Fargo & Company lifted their target price on CrowdStrike from $400.00 to $430.00 and gave the stock an "overweight" rating in a report on Wednesday, March 5th. BMO Capital Markets lifted their target price on CrowdStrike from $380.00 to $405.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Finally, DA Davidson lifted their price objective on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $403.56.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. This trade represents a 3.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Shawn Henry sold 2,547 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $365.96, for a total value of $932,100.12. Following the sale, the insider now directly owns 82,071 shares in the company, valued at $30,034,703.16. This trade represents a 3.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 189,431 shares of company stock worth $76,275,228. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Trading Up 1.7%

Shares of NASDAQ:CRWD traded up $7.42 during trading on Friday, hitting $439.26. The company had a trading volume of 2,119,098 shares, compared to its average volume of 5,099,511. The stock has a market cap of $108.88 billion, a price-to-earnings ratio of 861.31, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company has a fifty day simple moving average of $385.84 and a two-hundred day simple moving average of $374.26. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.