Nuveen Asset Management LLC Has $576.93 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Nuveen Asset Management LLC raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,686,147 shares of the company's stock after acquiring an additional 64,095 shares during the quarter. Nuveen Asset Management LLC owned approximately 0.68% of CrowdStrike worth $576,932,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at $27,000. FPC Investment Advisory Inc. grew its stake in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth $34,000. Crowley Wealth Management Inc. purchased a new stake in shares of CrowdStrike in the 4th quarter worth about $34,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of CrowdStrike in the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on CRWD shares. Morgan Stanley boosted their price objective on shares of CrowdStrike from $415.00 to $455.00 and gave the stock an "overweight" rating in a research report on Thursday. Evercore ISI raised their target price on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. JMP Securities lifted their price target on shares of CrowdStrike from $400.00 to $500.00 and gave the company a "market outperform" rating in a research report on Monday, May 5th. UBS Group reduced their price target on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Finally, BTIG Research raised shares of CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 price target on the stock in a research report on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus price target of $403.56.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. This trade represents a 4.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael Sentonas sold 13,543 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $4,856,790.66. Following the transaction, the president now owns 405,308 shares in the company, valued at $145,351,554.96. The trade was a 3.23% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 189,431 shares of company stock worth $76,275,228. Company insiders own 3.32% of the company's stock.

CrowdStrike Stock Up 1.7%

NASDAQ:CRWD traded up $7.42 during trading hours on Friday, reaching $439.26. 2,119,098 shares of the stock were exchanged, compared to its average volume of 5,099,511. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a 50 day moving average of $383.64 and a 200 day moving average of $373.37. The stock has a market cap of $108.88 billion, a PE ratio of 861.31, a PEG ratio of 17.86 and a beta of 1.22.

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.