CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Lifted by Natixis Advisors LLC

Natixis Advisors LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 19.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 47,504 shares of the company’s stock after purchasing an additional 7,706 shares during the period. Natixis Advisors LLC’s holdings in CrowdStrike were worth $16,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its holdings 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. FPC Investment Advisory Inc. boosted its holdings in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares in the last quarter. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Legacy Bridge LLC boosted its holdings in shares of CrowdStrike by 976.9% in the third quarter. Legacy Bridge LLC now owns 140 shares of the company’s stock valued at $39,000 after acquiring an additional 127 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $363.15 on Wednesday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company’s fifty day moving average is $385.73 and its 200-day moving average is $343.12. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $89.45 billion, a price-to-earnings ratio of 712.07, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 17,120 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the transaction, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares in the company, 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. In the last three months, insiders have sold 100,315 shares of company stock worth $38,319,124. 4.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on CRWD. Wells Fargo & Company increased their price objective on shares of CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Oppenheimer increased their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Needham & Company LLC reissued a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Stifel Nicolaus cut their target price on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Finally, KeyCorp cut their target price on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $398.78.

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.