AEGON ASSET MANAGEMENT UK Plc Acquires 27,165 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AEGON ASSET MANAGEMENT UK Plc lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 21.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 151,854 shares of the company’s stock after purchasing an additional 27,165 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in CrowdStrike were worth $51,939,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Synergy Financial Group LTD raised its stake in CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after acquiring an additional 30 shares in the last quarter. Meridian Financial Partners LLC increased its position in shares of CrowdStrike by 0.6% during the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after purchasing an additional 33 shares in the last quarter. Sunpointe LLC lifted its holdings in CrowdStrike by 3.1% during the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares during the last quarter. Hilltop Holdings Inc. boosted its position in CrowdStrike by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock valued at $542,000 after buying an additional 34 shares in the last quarter. Finally, Interchange Capital Partners LLC grew its stake in CrowdStrike by 1.1% during the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock worth $1,036,000 after buying an additional 39 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 0.7 %

CrowdStrike stock opened at $374.92 on Friday. The company has a 50 day moving average of $358.65 and a 200-day moving average of $312.32. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33. The stock has a market capitalization of $92.35 billion, a PE ratio of 735.15, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14.

Insider Activity at CrowdStrike

In related news, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the sale, the director now owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This trade represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. BMO Capital Markets boosted their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. BNP Paribas assumed coverage on CrowdStrike in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 price objective on the stock. Wells Fargo & Company raised their target price on CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Needham & Company LLC upped their price target on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Finally, Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $369.00.

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.