CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,605 shares of the company’s stock after buying an additional 532 shares during the quarter. New York Life Investment Management LLC’s holdings in CrowdStrike were worth $11,840,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CRWD. Jennison Associates LLC grew its position in shares of CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after acquiring an additional 1,013,161 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in CrowdStrike by 1,655.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after purchasing an additional 712,900 shares during the period. State Street Corp grew its position in CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after purchasing an additional 275,717 shares during the last quarter. Whale Rock Capital Management LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $69,280,000. Finally, Assenagon Asset Management S.A. raised its holdings in shares of CrowdStrike by 41.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 737,184 shares of the company’s stock valued at $252,235,000 after buying an additional 215,986 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction 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 directly owns 809,266 shares of the company’s stock, valued at approximately $282,708,984.44. This represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,565 shares of company stock valued at $40,570,629 over the last three months. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 3.6 %

Shares of CrowdStrike stock opened at $380.24 on Friday. 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 $455.59. The stock has a 50-day moving average price of $386.39 and a 200 day moving average price of $333.85. The company has a market cap of $93.66 billion, a P/E ratio of 745.58, a P/E/G ratio of 17.86 and a beta of 1.16.

Analyst Ratings Changes

CRWD has been the subject of a number of recent analyst reports. CICC Research began coverage on CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective for the company. Wells Fargo & Company increased their price target on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Scotiabank restated a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Morgan Stanley raised their target price on shares of CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a research note on Wednesday, February 19th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $388.70.

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.