CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 6.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,205 shares of the company's stock after acquiring an additional 1,483 shares during the quarter. iA Global Asset Management Inc.'s holdings in CrowdStrike were worth $8,624,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. increased its position in shares of CrowdStrike by 811.1% during the fourth 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. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Luken Investment Analytics LLC purchased a new position in CrowdStrike in the fourth quarter valued at $34,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in CrowdStrike during the 4th quarter worth $42,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CRWD shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Evercore ISI raised their target price on shares of CrowdStrike from $400.00 to $450.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th. Baird R W cut shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd. Raymond James lowered shares of CrowdStrike from an "outperform" rating to a "cautious" rating in a report on Monday, March 10th. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $399.51.

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Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 17,120 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the sale, the director now owns 780,592 shares of the company's stock, valued at $334,194,852.96. The trade was a 2.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares of the company's stock, valued at $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 52,858 shares of company stock valued at $21,288,706. Corporate insiders own 4.34% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded up $10.40 on Monday, reaching $372.64. 4,144,121 shares of the company were exchanged, compared to its average volume of 4,768,325. The company has a 50-day moving average of $386.53 and a 200-day moving average of $345.25. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $92.37 billion, a price-to-earnings ratio of 730.68, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59.

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.