CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Cibc World Market Inc.

Cibc World Market Inc. boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 38.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,815 shares of the company's stock after buying an additional 43,972 shares during the quarter. Cibc World Market Inc. owned approximately 0.06% of CrowdStrike worth $54,682,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock valued at $2,701,144,000 after buying an additional 275,717 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of CrowdStrike by 25.0% in the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company's stock valued at $1,421,646,000 after purchasing an additional 1,013,161 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of CrowdStrike by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock valued at $1,367,505,000 after purchasing an additional 97,990 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of CrowdStrike by 12.3% in 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of CrowdStrike by 1.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company's stock valued at $379,895,000 after purchasing an additional 20,899 shares in the last quarter. Institutional investors own 71.16% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CRWD shares. Jefferies Financial Group boosted their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, December 19th. The Goldman Sachs Group boosted their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the company a "buy" rating in a report on Tuesday, December 24th. Scotiabank lifted their price objective on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a "sector perform" rating in a research report on Tuesday, January 21st. BNP Paribas began coverage on shares of CrowdStrike in a research report on Tuesday, October 8th. They issued a "neutral" rating and a $285.00 price objective on the stock. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $400.00 price objective on shares of CrowdStrike in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $369.00.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company's stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company's stock, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by company insiders.

CrowdStrike Trading Up 2.3 %

Shares of CRWD traded up $9.04 during mid-day trading on Friday, reaching $405.91. The stock had a trading volume of 1,519,720 shares, compared to its average volume of 3,192,839. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $411.30. The business's fifty day moving average is $362.10 and its 200 day moving average is $312.84. The firm has a market cap of $99.98 billion, a price-to-earnings ratio of 795.62, a P/E/G ratio of 21.08 and a beta of 1.14.

CrowdStrike 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.