Nordea Investment Management AB Has $254.92 Million Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Nordea Investment Management AB increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 29.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 735,665 shares of the company’s stock after acquiring an additional 165,792 shares during the quarter. Nordea Investment Management AB owned 0.30% of CrowdStrike worth $254,923,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CRWD. Abich Financial Wealth Management LLC acquired a new position in shares of CrowdStrike during the second quarter valued at about $25,000. Oakworth Capital Inc. acquired a new position in CrowdStrike during the 3rd quarter worth approximately $28,000. Tsfg LLC grew its stake in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares during the period. Castleview Partners LLC bought a new stake in shares of CrowdStrike during the third quarter valued at approximately $32,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of CrowdStrike during the second quarter worth approximately $33,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several research reports. JPMorgan Chase & Co. lifted their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Citigroup lifted their price objective on shares of CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Rosenblatt Securities upped their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Oppenheimer lifted their price target on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Finally, HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a 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 given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $365.63.

Get Our Latest Analysis on CrowdStrike

CrowdStrike Stock Up 3.4 %

Shares of NASDAQ:CRWD opened at $359.02 on Monday. The company has a market cap of $88.43 billion, a price-to-earnings ratio of 703.97, a PEG ratio of 19.48 and a beta of 1.14. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The firm has a fifty day moving average price of $346.72 and a two-hundred day moving average price of $313.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $320.38, for a total value of $2,002,375.00. Following the completion of the sale, the director now owns 821,766 shares in the company, valued at approximately $263,277,391.08. The trade was a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the transaction, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. This represents a 3.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 116,601 shares of company stock worth $40,755,368 over the last ninety days. 4.34% of the stock is owned by corporate insiders.

About CrowdStrike

(Free Report)

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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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