Nvwm LLC Increases Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Nvwm LLC grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 25,616.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,086 shares of the company’s stock after purchasing an additional 3,074 shares during the period. Nvwm LLC’s holdings in CrowdStrike were worth $1,056,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CRWD. Money Concepts Capital Corp grew its holdings in shares of CrowdStrike by 4.5% during the fourth quarter. Money Concepts Capital Corp now owns 904 shares of the company’s stock worth $309,000 after buying an additional 39 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in CrowdStrike by 60.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 225,132 shares of the company’s stock worth $79,074,000 after acquiring an additional 84,658 shares during the last quarter. Jericho Financial LLP acquired a new stake in shares of CrowdStrike during the 4th quarter worth about $3,034,000. Stratos Investment Management LLC boosted its stake in CrowdStrike by 13.5% during the fourth quarter. Stratos Investment Management LLC now owns 3,176 shares of the company’s stock worth $1,087,000 after buying an additional 378 shares during the period. Finally, Stratos Wealth Advisors LLC increased its position in shares of CrowdStrike by 20.3% during the fourth quarter. Stratos Wealth Advisors LLC now owns 2,957 shares of the company’s stock valued at $1,012,000 after acquiring an additional 499 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Up 2.5 %

CRWD stock opened at $407.52 on Wednesday. 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 company’s 50 day simple moving average is $364.15 and its 200-day simple moving average is $313.40. The firm has a market capitalization of $100.38 billion, a PE ratio of 799.07, a P/E/G ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $411.30.

Analyst Ratings Changes

Several analysts recently weighed in on CRWD shares. Royal Bank of Canada lifted their target price on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Truist Financial increased their price objective on CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. BMO Capital Markets upped their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Evercore ISI boosted their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

Insider Activity

In other CrowdStrike news, CFO Burt W. Podbere sold 11,217 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.14, for a total value of $4,017,256.38. Following the completion of the sale, the chief financial officer now owns 290,711 shares in the company, valued at $104,115,237.54. The trade was a 3.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of the 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 transaction, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 105,315 shares of company stock worth $37,321,176 over the last three months. 4.34% of the stock is currently owned by corporate insiders.

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.