CrowdStrike Sees 13% Stake Growth from PNC Financial

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is among the best holding company stocks to invest in. As per the disclosure with the Securities and Exchange Commission, PNC Financial Services Group Inc., a financial services company, has increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.1% during the first quarter. With the purchase of an additional 11,749 shares, the firm now owns 101,515 shares of CRWD.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has intensified its position in Identity Security, alongside its strong partnership with Zscaler and Cloudflare, to provide a fully integrated cybersecurity solution. What is even more impressive is the giant’s Falcon Flex subscription model that is not only attracting long-term contracts but also enhancing customer loyalty and accelerating multi-module adoption.

The recent activities are indeed a testament to the company’s strong market footing. Despite the competition from Palo Alto Networks’ pending CyberArk acquisition, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is expected to deliver over 20% growth in the next 3 to 5 years. In such a shaky environment, this growth rate is anything but ordinary.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD), based in Texas and incorporated in 2011, is a cybersecurity solutions provider operating in the United States and internationally. The core offerings of the company include cloud-delivered protection for endpoints, cloud workloads, identity, and data, delivered via a SaaS subscription-based model.

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