Oddo BHF Asset Management Sas Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Oddo BHF Asset Management Sas bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,606 shares of the company's stock, valued at approximately $2,975,000.

Other large investors have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new stake in shares of CrowdStrike during the 2nd quarter worth $25,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike during the third quarter worth about $28,000. Tsfg LLC increased its stake in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after acquiring an additional 89 shares during the last quarter. Family Firm Inc. purchased a new position in shares of CrowdStrike in the 2nd quarter worth about $30,000. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike in the 3rd quarter valued at about $32,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Anurag Saha sold 1,683 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now owns 38,962 shares of the company's stock, valued at approximately $11,582,623.36. This represents a 4.14 % 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, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the sale, the insider now owns 174,591 shares in the company, valued at approximately $45,521,111.43. This represents a 2.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 144,498 shares of company stock valued at $45,116,385. 4.34% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently commented on CRWD. Needham & Company LLC raised their price target on shares of CrowdStrike from $360.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. CICC Research initiated coverage on shares of CrowdStrike in a research note on Monday, November 18th. They issued a "market perform" rating and a $295.00 target price on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of CrowdStrike from $350.00 to $275.00 and set a "hold" rating on the stock in a report on Monday, August 26th. Robert W. Baird raised their price objective on CrowdStrike from $375.00 to $390.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Finally, DA Davidson restated a "buy" rating and set a $310.00 price objective on shares of CrowdStrike in a research note on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $355.80.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $2.52 during mid-day trading on Friday, hitting $368.02. The company had a trading volume of 3,119,049 shares, compared to its average volume of 4,942,976. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The stock has a market cap of $90.65 billion, a price-to-earnings ratio of 721.61, a PEG ratio of 19.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm's 50 day simple moving average is $330.62 and its two-hundred day simple moving average is $314.18.

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.