UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $440.46 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,570,440 shares of the company’s stock after purchasing an additional 171,861 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in CrowdStrike were worth $440,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of CRWD. Tybourne Capital Management HK Ltd. acquired a new stake in CrowdStrike in the 3rd quarter valued at $1,092,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in CrowdStrike by 148.8% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 194,403 shares of the company’s stock valued at $54,524,000 after buying an additional 116,278 shares in the last quarter. Stone House Investment Management LLC boosted its stake in CrowdStrike by 368.9% in the 3rd quarter. Stone House Investment Management LLC now owns 211 shares of the company’s stock valued at $59,000 after buying an additional 166 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in CrowdStrike by 20.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 4,663 shares of the company’s stock valued at $1,308,000 after buying an additional 780 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in CrowdStrike by 56.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 171,338 shares of the company’s stock valued at $48,055,000 after buying an additional 62,161 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 4.6 %

NASDAQ:CRWD opened at $347.59 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The stock has a market cap of $85.20 billion, a price-to-earnings ratio of 503.75, a PEG ratio of 26.33 and a beta of 1.10. The stock has a 50-day moving average price of $314.88 and a two-hundred day moving average price of $313.01.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The firm had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. During the same period in the previous year, the firm earned $0.06 earnings per share. The company’s revenue was up 31.7% on a year-over-year basis. As a group, equities analysts expect that CrowdStrike Holdings, Inc. will post 0.49 earnings per share for the current year.

Analysts Set New Price Targets

CRWD has been the topic of several recent analyst reports. Royal Bank of Canada decreased their price target on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating on the stock in a research note on Wednesday. KeyCorp boosted their price target on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Citigroup lifted their price objective on CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a research report on Wednesday. Finally, CICC Research initiated coverage on CrowdStrike in a research report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective for the company. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $355.80.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at $11,582,623.36. This represents a 4.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael Sentonas sold 10,776 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $3,203,489.28. Following the transaction, the president now directly owns 400,390 shares of the company’s stock, valued at $119,027,939.20. This represents a 2.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 108,248 shares of company stock valued at $32,465,110 over the last three months. Company insiders own 4.34% of the company’s stock.

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.