Aristotle Atlantic Partners LLC Raises Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Aristotle Atlantic Partners LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 1,564.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,971 shares of the company's stock after purchasing an additional 18,771 shares during the period. Aristotle Atlantic Partners LLC's holdings in CrowdStrike were worth $6,833,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Norges Bank acquired a new position in CrowdStrike during the 4th quarter worth approximately $1,111,542,000. Raymond James Financial Inc. acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $237,375,000. Voya Investment Management LLC lifted its holdings in shares of CrowdStrike by 43.5% in the 4th quarter. Voya Investment Management LLC now owns 1,920,901 shares of the company's stock worth $657,106,000 after purchasing an additional 582,471 shares in the last quarter. Amundi grew its position in CrowdStrike by 41.9% in the 4th quarter. Amundi now owns 1,382,952 shares of the company's stock valued at $496,093,000 after purchasing an additional 408,190 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in CrowdStrike by 2,586.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 418,094 shares of the company's stock valued at $143,055,000 after purchasing an additional 402,531 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now owns 94,214 shares in the company, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $434.61, for a total value of $2,716,312.50. Following the transaction, the director now owns 761,842 shares of the company's stock, valued at $331,104,151.62. The trade was a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 139,125 shares of company stock worth $53,208,049 in the last quarter. 4.34% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have weighed in on CRWD. Robert W. Baird dropped their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. Stephens initiated coverage on CrowdStrike in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 price target for the company. Jefferies Financial Group reduced their target price on shares of CrowdStrike from $425.00 to $410.00 and set a "buy" rating for the company in a research note on Monday, March 31st. DA Davidson boosted their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Finally, Mizuho upped their price objective on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $403.20.

CrowdStrike Trading Up 0.7 %

Shares of NASDAQ CRWD traded up $2.89 during midday trading on Monday, hitting $443.47. 3,276,694 shares of the company traded hands, compared to its average volume of 5,059,926. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The stock has a 50-day moving average price of $371.78 and a 200 day moving average price of $366.34. The firm has a market cap of $109.92 billion, a P/E ratio of 869.57, a P/E/G ratio of 17.86 and a beta of 1.22.

CrowdStrike Company 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.