MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 535,367 shares of the company's stock after buying an additional 23,861 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.22% of CrowdStrike worth $184,645,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CRWD. Berbice Capital Management LLC purchased a new position in CrowdStrike in the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. boosted its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after acquiring an additional 73 shares during the period. Crowley Wealth Management Inc. purchased a new stake in CrowdStrike during the 4th quarter worth $34,000. Luken Investment Analytics LLC purchased a new position in CrowdStrike in the fourth quarter valued at about $34,000. Finally, Millstone Evans Group LLC bought a new stake in shares of CrowdStrike in the fourth quarter worth $34,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 55,556 shares of the firm's stock in a transaction that occurred 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 in the company, valued at approximately $981,280,679.40. This trade represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction that occurred 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 sale, the chief accounting officer now owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This represents a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 189,431 shares of company stock valued at $76,275,228. Company insiders own 4.34% of the company's stock.

CrowdStrike Trading Down 4.2%

CrowdStrike stock opened at $410.73 on Monday. The firm has a market capitalization of $101.81 billion, a price-to-earnings ratio of 805.37, a P/E/G ratio of 17.86 and a beta of 1.22. 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 50 day moving average price of $376.01 and a 200 day moving average price of $370.65.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research analyst reports. Robert W. Baird lowered their price target on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a report on Wednesday, March 5th. Royal Bank of Canada reiterated an "outperform" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Truist Financial reduced their price target 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. Susquehanna raised their price target on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research report on Wednesday, March 5th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $403.20.

CrowdStrike Company Profile

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.

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