CrowdStrike Holdings, Inc. (NASDAQ: CRWD) is a prominent player in the cybersecurity industry, providing cloud-delivered protection across endpoints, cloud workloads, identity, and data. The company is known for its Falcon platform, which offers a comprehensive suite of security solutions. CrowdStrike competes with other cybersecurity firms like Palo Alto Networks and Fortinet.
On January 12, 2026, KeyBanc downgraded CrowdStrike from an Overweight rating to a Sector Weight rating, with the stock priced at $470.61. Despite this downgrade, institutional investors have shown strong interest in the company. Benjamin Edwards Inc. increased its investment by 31.6%, holding 8,303 shares valued at approximately $4.1 million.
Laurel Wealth Advisors LLC made a significant move by expanding its holdings in CrowdStrike by 54,635.9%, now owning over 4.2 million shares valued at $2.2 billion. This indicates a strong belief in the company's potential, despite the recent downgrade by KeyBanc.
Norges Bank also made a substantial new investment in CrowdStrike during the second quarter, valued at $1.6 billion. This influx of institutional interest suggests confidence in CrowdStrike's long-term growth prospects, even as the stock experiences fluctuations.
Currently, CrowdStrike's stock is priced at $470.61, reflecting a 1.45% increase. The stock has seen a low of $466.25 and a high of $475.98 today. With a market capitalization of approximately $117.26 billion, CrowdStrike remains a significant player in the cybersecurity market.