CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,798 shares of the company’s stock after purchasing an additional 4,382 shares during the quarter. Natixis Advisors LLC’s holdings in CrowdStrike were worth $11,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC raised its holdings in shares of CrowdStrike by 17,926.3% in the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after buying an additional 920,695 shares during the period. Bank of New York Mellon Corp increased its stake in CrowdStrike by 47.5% during the second quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after purchasing an additional 564,662 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock worth $146,180,000 after purchasing an additional 371,695 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of CrowdStrike by 429.2% in the second quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock valued at $114,360,000 after purchasing an additional 242,052 shares during the period. Finally, Swedbank AB acquired a new position in shares of CrowdStrike in the first quarter valued at approximately $73,972,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 55,325 shares of CrowdStrike stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $296.62, for a total transaction of $16,410,501.50. Following the completion of the transaction, the chief executive officer now owns 1,109,746 shares in the company, valued at approximately $329,172,858.52. The trade was a 4.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the transaction, the insider now directly owns 174,591 shares of the company’s stock, valued at approximately $45,521,111.43. This trade represents a 2.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 108,248 shares of company stock worth $32,465,110. Corporate insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on CRWD shares. BMO Capital Markets lifted their target price on CrowdStrike from $290.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, August 29th. Susquehanna reissued a “positive” rating and set a $310.00 price objective on shares of CrowdStrike in a research report on Thursday, September 19th. Argus reduced their target price on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a report on Friday, August 30th. KeyCorp lifted their price target on shares of CrowdStrike from $300.00 to $345.00 and gave the stock an “overweight” rating in a research note on Monday, September 23rd. Finally, HSBC raised shares of CrowdStrike from a “hold” rating to a “buy” rating and increased their price objective for the company from $302.00 to $339.00 in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirty-one have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $333.82.

CrowdStrike Stock Down 0.9 %

Shares of NASDAQ:CRWD opened at $350.15 on Thursday. The company has a market cap of $85.83 billion, a price-to-earnings ratio of 507.46, a PEG ratio of 22.77 and a beta of 1.10. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The firm’s 50-day simple moving average is $303.76 and its 200-day simple moving average is $311.21. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. The company had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 EPS. As a group, equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current year.

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.