OMC Financial Services LTD raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 2.5% during the fourth quarter, Holdings Channel reports. The fund owned 11,054 shares of the company’s stock after acquiring an additional 266 shares during the period. CrowdStrike comprises approximately 1.6% of OMC Financial Services LTD’s investment portfolio, making the stock its 16th biggest position. OMC Financial Services LTD’s holdings in CrowdStrike were worth $3,782,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp lifted its stake in shares of CrowdStrike by 2.9% in 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 period. Jennison Associates LLC increased its holdings in CrowdStrike by 6.9% during the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after buying an additional 352,180 shares during the last quarter. Geode Capital Management LLC raised its position in 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 acquiring an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of CrowdStrike by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock worth $440,461,000 after acquiring an additional 171,861 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of CrowdStrike by 1.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock valued at $379,895,000 after acquiring an additional 20,899 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at CrowdStrike
In other news, President Michael Sentonas sold 10,801 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares in the company, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 111,565 shares of company stock worth $39,898,614 in the last 90 days. 4.34% of the stock is owned by corporate insiders.
CrowdStrike Stock Up 0.3 %
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. HSBC cut CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a report on Wednesday, November 27th. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. KeyCorp boosted their price objective on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Robert W. Baird restated a “neutral” rating and set a $430.00 target price (up previously from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. Finally, Susquehanna upped their price target on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $370.00.
Read Our Latest Report on CRWD
CrowdStrike Company 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.
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