Goldstream Capital Management Ltd Raises Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Goldstream Capital Management Ltd increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 8.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,018 shares of the company's stock after purchasing an additional 2,203 shares during the period. CrowdStrike accounts for 2.6% of Goldstream Capital Management Ltd's portfolio, making the stock its 11th largest holding. Goldstream Capital Management Ltd's holdings in CrowdStrike were worth $7,578,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Jennison Associates LLC grew its holdings in CrowdStrike by 25.0% during the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company's stock valued at $1,421,646,000 after buying an additional 1,013,161 shares in the last quarter. International Assets Investment Management LLC grew its stake in CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company's stock valued at $259,668,000 after acquiring an additional 920,695 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in CrowdStrike by 1,655.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company's stock valued at $212,021,000 after acquiring an additional 712,900 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in CrowdStrike by 47.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company's stock worth $671,828,000 after purchasing an additional 564,662 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of CrowdStrike by 248.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company's stock valued at $146,180,000 after purchasing an additional 371,695 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the transaction, the director now owns 809,266 shares of the company's stock, valued at $282,708,984.44. The trade was a 0.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 1,683 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the sale, the chief accounting officer now directly owns 38,962 shares of the company's stock, valued at $11,582,623.36. The trade was a 4.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 144,498 shares of company stock valued at $45,116,385 over the last 90 days. Corporate insiders own 4.34% of the company's stock.

CrowdStrike Stock Up 0.2 %

Shares of CRWD traded up $0.81 during mid-day trading on Friday, hitting $365.65. The company's stock had a trading volume of 3,235,691 shares, compared to its average volume of 3,955,477. The company has a current ratio of 1.86, a quick ratio of 1.90 and a debt-to-equity ratio of 0.24. The company's 50-day moving average is $322.92 and its 200-day moving average is $313.54. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The firm has a market capitalization of $90.06 billion, a price-to-earnings ratio of 716.97, a PEG ratio of 19.55 and a beta of 1.11.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CRWD. Wells Fargo & Company boosted their target price on CrowdStrike from $350.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 27th. Robert W. Baird increased their target price on CrowdStrike from $375.00 to $390.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Truist Financial raised their target price on shares of CrowdStrike from $325.00 to $375.00 and gave the company a "buy" rating in a report on Monday, November 18th. HSBC downgraded shares of CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price target on the stock. in a research note on Wednesday, November 27th. Finally, TD Cowen dropped their price objective on shares of CrowdStrike from $400.00 to $380.00 and set a "buy" rating for the company in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus price target of $355.80.

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.