CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,758 shares of the company's stock after buying an additional 2,639 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in CrowdStrike were worth $18,374,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Nomura Holdings Inc. increased its position in shares of CrowdStrike by 127.8% during the fourth quarter. Nomura Holdings Inc. now owns 67,164 shares of the company's stock worth $22,981,000 after purchasing an additional 37,678 shares in the last quarter. Nearwater Capital Markets Ltd acquired a new stake in shares of CrowdStrike during the fourth quarter worth about $37,638,000. NorthRock Partners LLC increased its position in shares of CrowdStrike by 22.0% during the fourth quarter. NorthRock Partners LLC now owns 4,560 shares of the company's stock worth $1,560,000 after purchasing an additional 822 shares in the last quarter. Northeast Financial Consultants Inc increased its position in shares of CrowdStrike by 6.1% during the fourth quarter. Northeast Financial Consultants Inc now owns 1,554 shares of the company's stock worth $532,000 after purchasing an additional 89 shares in the last quarter. Finally, Nuveen Asset Management LLC increased its position in shares of CrowdStrike by 4.0% during the fourth quarter. Nuveen Asset Management LLC now owns 1,686,147 shares of the company's stock worth $576,932,000 after purchasing an additional 64,095 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Trading Down 1.0%

Shares of CrowdStrike stock opened at $435.94 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a market capitalization of $108.06 billion, a P/E ratio of 854.80, a P/E/G ratio of 17.86 and a beta of 1.22. The business has a 50 day moving average price of $381.19 and a 200 day moving average price of $372.47.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Baird R W cut CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. Susquehanna raised their price target on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a report on Wednesday, March 5th. BMO Capital Markets raised their price target on CrowdStrike from $380.00 to $405.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Canaccord Genuity Group raised their price target on CrowdStrike from $370.00 to $420.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Finally, Evercore ISI raised their price target on CrowdStrike from $400.00 to $450.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $403.20.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. The trade was a 3.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Burt W. Podbere sold 13,529 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.10, for a total value of $4,844,734.90. Following the transaction, the chief financial officer now owns 244,739 shares of the company's stock, valued at $87,641,035.90. This represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 189,431 shares of company stock worth $76,275,228 in the last ninety days. Insiders own 3.32% of the company's stock.

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.

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