Nordea Investment Management AB grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 29.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 735,665 shares of the company's stock after purchasing an additional 165,792 shares during the period. Nordea Investment Management AB owned approximately 0.30% of CrowdStrike worth $254,923,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of CRWD. Synergy Financial Group LTD increased its stake in CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock valued at $1,108,000 after purchasing an additional 30 shares in the last quarter. Sunpointe LLC raised its stake in shares of CrowdStrike by 3.1% during the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company's stock worth $317,000 after buying an additional 34 shares during the last quarter. Hilltop Holdings Inc. raised its stake in shares of CrowdStrike by 1.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company's stock worth $542,000 after buying an additional 34 shares during the last quarter. Interchange Capital Partners LLC boosted its position in shares of CrowdStrike by 1.1% in the 3rd quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company's stock worth $1,036,000 after buying an additional 39 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its stake in CrowdStrike by 9.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 478 shares of the company's stock valued at $134,000 after acquiring an additional 40 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at CrowdStrike
In other CrowdStrike news, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the sale, the director now owns 42,391 shares in the company, valued at $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00. Following the completion of the transaction, the insider now owns 124,298 shares of the company's stock, valued at approximately $38,455,315.24. The trade was a 3.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 116,601 shares of company stock valued at $40,755,368. 4.34% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Hsbc Global Res downgraded shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 27th. DA Davidson reaffirmed a "buy" rating and issued a $310.00 target price on shares of CrowdStrike in a research note on Wednesday, September 18th. Jefferies Financial Group raised their price target on CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. JPMorgan Chase & Co. upped their price objective on CrowdStrike from $372.00 to $418.00 and gave the company an "overweight" rating in a research report on Monday, December 16th. Finally, Needham & Company LLC lifted their price objective on CrowdStrike from $360.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. One 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $365.63.
View Our Latest Stock Analysis on CrowdStrike
CrowdStrike Stock Up 2.0 %
NASDAQ CRWD traded up $7.34 during mid-day trading on Monday, reaching $366.36. 2,896,951 shares of the company's stock traded hands, compared to its average volume of 2,758,816. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a fifty day simple moving average of $346.72 and a 200-day simple moving average of $313.85. The company has a market cap of $90.24 billion, a price-to-earnings ratio of 718.37, a P/E/G ratio of 19.48 and a beta of 1.14.
CrowdStrike Company Profile
(
Free Report)
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.
Featured Stories
Before you consider CrowdStrike, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CrowdStrike wasn't on the list.
While CrowdStrike currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.