Man Group plc Has $20.41 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Man Group plc grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 240.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,661 shares of the company's stock after acquiring an additional 42,113 shares during the quarter. Man Group plc's holdings in CrowdStrike were worth $20,414,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Nissay Asset Management Corp Japan ADV grew its stake in CrowdStrike by 5.4% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 51,758 shares of the company's stock worth $18,374,000 after buying an additional 2,639 shares during the last quarter. Nomura Holdings Inc. grew its stake in CrowdStrike by 127.8% during the 4th quarter. Nomura Holdings Inc. now owns 67,164 shares of the company's stock worth $22,981,000 after buying an additional 37,678 shares during the last quarter. Nearwater Capital Markets Ltd bought a new position in CrowdStrike during the 4th quarter worth $37,638,000. NorthRock Partners LLC grew its stake in CrowdStrike by 22.0% during the 4th quarter. NorthRock Partners LLC now owns 4,560 shares of the company's stock worth $1,560,000 after buying an additional 822 shares during the last quarter. Finally, Northeast Financial Consultants Inc grew its stake in CrowdStrike by 6.1% during the 4th quarter. Northeast Financial Consultants Inc now owns 1,554 shares of the company's stock worth $532,000 after buying an additional 89 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Up 1.2%

NASDAQ CRWD traded up $5.09 during trading on Monday, reaching $444.35. 2,011,721 shares of the company's stock were exchanged, compared to its average volume of 5,099,388. The firm has a market capitalization of $110.14 billion, a PE ratio of 871.29, a P/E/G ratio of 17.86 and a beta of 1.22. 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 fifty-two week low of $200.81 and a fifty-two week high of $455.59. The company's fifty day simple moving average is $385.84 and its 200-day simple moving average is $375.26.

Analyst Ratings Changes

Several research analysts have recently issued reports on CRWD shares. Cantor Fitzgerald reissued an "overweight" rating and issued a $440.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Baird R W cut CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. Wells Fargo & Company boosted their price target on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 5th. Canaccord Genuity Group raised their price objective on shares of CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Finally, KeyCorp cut their target price on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $403.56.

Insider Activity

In other news, CFO Burt W. Podbere sold 13,529 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.10, for a total transaction of $4,844,734.90. Following the completion of the sale, the chief financial officer now directly owns 244,739 shares in the company, valued at $87,641,035.90. The trade was a 5.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The shares were 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 of the company's stock, valued at approximately $12,969,492.30. This represents a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 189,431 shares of company stock worth $76,275,228 in the last three months. 3.32% of the stock is owned by insiders.

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.