CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lifted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,381 shares of the company’s stock after acquiring an additional 930 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in CrowdStrike were worth $25,792,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CRWD. Empirical Asset Management LLC acquired a new stake in CrowdStrike in the fourth quarter worth approximately $11,310,000. Arcadia Investment Management Corp MI lifted its holdings in shares of CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after buying an additional 2,814 shares during the period. Greenleaf Trust boosted its stake in CrowdStrike by 53.4% during the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock valued at $1,015,000 after buying an additional 1,033 shares in the last quarter. Trifecta Capital Advisors LLC grew its holdings in CrowdStrike by 2,140.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after acquiring an additional 8,561 shares during the period. Finally, Fifth Third Bancorp raised its position in CrowdStrike by 42.6% in the fourth quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock worth $15,263,000 after acquiring an additional 13,323 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 22,449 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the transaction, the chief executive officer now directly owns 2,178,452 shares in the company, valued at approximately $781,367,163.36. The trade was a 1.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 110,801 shares of company stock worth $42,092,255. 4.34% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CRWD shares. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Wedbush lifted their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Stifel Nicolaus dropped their price target on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Scotiabank reissued a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, Evercore ISI boosted their target price on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $400.26.

CrowdStrike Stock Down 2.6 %

CRWD opened at $357.11 on Friday. The firm has a market cap of $88.52 billion, a P/E ratio of 700.23, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The business has a 50 day moving average price of $388.15 and a 200 day moving average price of $348.82. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59.

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.