Banco Bilbao Vizcaya Argentaria S.A. Has $24.32 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 8.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,715 shares of the company's stock after purchasing an additional 5,245 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in CrowdStrike were worth $24,324,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CRWD. Vanguard Group Inc. lifted its holdings in shares of CrowdStrike by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock valued at $7,502,204,000 after acquiring an additional 342,294 shares during the period. Jennison Associates LLC boosted its position in CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after buying an additional 352,180 shares in the last quarter. Geode Capital Management LLC grew its stake in CrowdStrike by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock worth $1,712,063,000 after buying an additional 124,984 shares during the last quarter. Norges Bank bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $1,111,542,000. Finally, FMR LLC boosted its holdings in shares of CrowdStrike by 15.0% in the 4th quarter. FMR LLC now owns 2,204,171 shares of the company's stock worth $754,179,000 after acquiring an additional 287,960 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Price Performance

NASDAQ:CRWD traded down $6.86 on Monday, hitting $418.03. The company had a trading volume of 1,652,908 shares, compared to its average volume of 5,052,520. The firm has a 50 day moving average of $369.96 and a two-hundred day moving average of $362.11. The stock has a market capitalization of $103.62 billion, a price-to-earnings ratio of 818.76, a PEG ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 22,449 shares of the stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the completion of the transaction, the chief executive officer now directly owns 2,178,452 shares in the company, valued at approximately $781,367,163.36. This trade represents a 1.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 122,375 shares of company stock valued at $46,197,236 in the last 90 days. 4.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently commented on CRWD shares. Piper Sandler set a $347.00 target price on CrowdStrike in a report on Wednesday, March 5th. DA Davidson boosted their target price on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Bank of America increased their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Citigroup reiterated a "buy" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Finally, Robert W. Baird cut their target price on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $400.76.

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.