CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Ossiam

Ossiam grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 31.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,872 shares of the company’s stock after buying an additional 12,167 shares during the period. Ossiam’s holdings in CrowdStrike were worth $17,406,000 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 CRWD. Capital Research Global Investors acquired a new stake in CrowdStrike during the fourth quarter worth $118,888,000. Dimensional Fund Advisors LP grew its holdings in shares of CrowdStrike by 3.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 281,215 shares of the company’s stock worth $96,234,000 after purchasing an additional 10,271 shares during the period. Dnca Finance increased its position in shares of CrowdStrike by 51.5% during the 4th quarter. Dnca Finance now owns 18,100 shares of the company’s stock worth $6,193,000 after purchasing an additional 6,150 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in CrowdStrike by 4.0% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 262,576 shares of the company’s stock valued at $89,770,000 after buying an additional 10,194 shares during the period. Finally, Fairfield Bush & CO. lifted its position in CrowdStrike by 6.5% in the fourth quarter. Fairfield Bush & CO. now owns 6,585 shares of the company’s stock valued at $2,253,000 after buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. BMO Capital Markets upped their price target on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Truist Financial dropped their price objective on CrowdStrike from $460.00 to $450.00 and set a “buy” rating for the company in a research note on Monday, March 31st. Cantor Fitzgerald reissued an “overweight” rating and set a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Stifel Nicolaus dropped their target price on CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $400.53.

CrowdStrike Stock Performance

Shares of CRWD opened at $375.62 on Friday. The company’s 50 day simple moving average is $375.78 and its 200-day simple moving average is $357.75. The firm has a market cap of $93.11 billion, a PE ratio of 736.52, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Buying and Selling

In other news, President Michael Sentonas sold 13,543 shares of the company’s 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 $4,856,790.66. Following the completion of the sale, the president now owns 405,308 shares in the company, valued at $145,351,554.96. This represents a 3.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Anurag Saha sold 1,496 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 $536,495.52. Following the sale, the chief accounting officer now directly 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 119,401 shares of company stock worth $45,119,220 in the last 90 days. Company insiders own 4.34% of the company’s stock.

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.