Natixis Advisors LLC Has $16.25 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Natixis Advisors LLC raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,504 shares of the company's stock after purchasing an additional 7,706 shares during the quarter. Natixis Advisors LLC's holdings in CrowdStrike were worth $16,254,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CRWD. State Street Corp lifted its position in CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock worth $2,701,144,000 after buying an additional 275,717 shares in the last quarter. Jennison Associates LLC lifted its position in shares of CrowdStrike by 6.9% during the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock worth $1,854,843,000 after purchasing an additional 352,180 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of CrowdStrike by 2.0% during the third 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of CrowdStrike by 12.3% in the third 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 position in CrowdStrike by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company's stock worth $485,551,000 after purchasing an additional 64,581 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Royal Bank of Canada restated an "outperform" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Mizuho boosted their price objective on CrowdStrike from $385.00 to $450.00 and gave the stock an "outperform" rating in a report on Wednesday, February 12th. Oppenheimer upped their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. lifted their price target on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Finally, Jefferies Financial Group cut their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $399.51.

CrowdStrike Stock Down 1.8 %

NASDAQ:CRWD traded down $6.79 on Friday, hitting $362.24. 8,116,345 shares of the company's stock were exchanged, compared to its average volume of 4,762,152. 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 has a 50-day moving average price of $386.53 and a 200-day moving average price of $344.11. The company has a market cap of $89.79 billion, a P/E ratio of 710.29, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 18,071 shares of the company's stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the sale, the chief executive officer now directly owns 2,159,935 shares of the company's stock, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the sale, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,315 shares of company stock valued at $38,319,124. Insiders own 4.34% 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.