B. Metzler seel. Sohn & Co. AG raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,348 shares of the company’s stock after purchasing an additional 138 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in CrowdStrike were worth $2,514,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of the business. Berbice Capital Management LLC bought a new position in CrowdStrike in the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. lifted its stake in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares during the period. Fortitude Family Office LLC boosted its position in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike during the fourth quarter worth $34,000. Finally, Luken Investment Analytics LLC bought a new stake in CrowdStrike in the fourth quarter valued at about $34,000. Institutional investors own 71.16% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently issued reports on CRWD. Needham & Company LLC restated a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Guggenheim reissued a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 target price for the company in a research note on Tuesday, March 25th. Wells Fargo & Company increased their target price on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Finally, UBS Group decreased their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and an average target price of $400.88.
CrowdStrike Stock Performance
Shares of CRWD stock opened at $362.38 on Wednesday. The company has a fifty day moving average price of $387.98 and a two-hundred day moving average price of $350.89. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The stock has a market cap of $89.82 billion, a P/E ratio of 710.56, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.
Insider Activity at CrowdStrike
In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares in the company, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,801 shares of company stock worth $42,092,255. 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.
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