World Investment Advisors LLC Increases Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

World Investment Advisors LLC increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 24.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,514 shares of the company’s stock after acquiring an additional 498 shares during the quarter. World Investment Advisors LLC’s holdings in CrowdStrike were worth $705,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp increased its holdings in CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after purchasing an additional 275,717 shares during the last quarter. Jennison Associates LLC grew its position in shares of CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after buying an additional 1,013,161 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of CrowdStrike by 2.0% in the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock worth $1,367,505,000 after buying an additional 97,990 shares during the last quarter. Legal & General Group Plc raised its holdings in CrowdStrike by 3.0% in the second quarter. Legal & General Group Plc now owns 2,049,704 shares of the company’s stock valued at $785,425,000 after acquiring an additional 60,607 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in CrowdStrike by 4.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company’s stock valued at $696,471,000 after acquiring an additional 77,100 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CRWD shares. JPMorgan Chase & Co. boosted their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday. Hsbc Global Res lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Raymond James reduced their target price on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Robert W. Baird boosted their price target on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Barclays raised their price objective on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $358.00.

CrowdStrike Stock Up 5.5 %

CRWD stock opened at $388.20 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market cap of $95.62 billion, a PE ratio of 761.18, a P/E/G ratio of 19.48 and a beta of 1.11. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The firm has a 50 day simple moving average of $332.64 and a 200 day simple moving average of $314.21.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. This trade represents a 4.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the sale, 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. In the last 90 days, insiders sold 144,498 shares of company stock worth $45,599,730. Insiders own 4.34% of the company’s stock.

About CrowdStrike

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.