IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 1,060 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,312 shares of the company’s stock after purchasing an additional 1,060 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in CrowdStrike were worth $5,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new stake in CrowdStrike during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC grew its position in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. FPC Investment Advisory Inc. grew its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike in the 4th quarter worth $34,000. Finally, Crowley Wealth Management Inc. bought a new position in CrowdStrike in the 4th quarter worth $34,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 3.5 %

Shares of NASDAQ CRWD opened at $371.41 on Thursday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The stock’s fifty day simple moving average is $388.08 and its two-hundred day simple moving average is $347.22. The stock has a market capitalization of $92.06 billion, a PE ratio of 728.27, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Upgrades and Downgrades

A number of analysts have commented on CRWD shares. DA Davidson upped their price target on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, March 5th. Royal Bank of Canada reissued an “outperform” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Wedbush lifted their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research report on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $400.26.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,496 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. The trade was a 3.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Kurtz sold 22,449 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.68, for a total transaction of $8,052,007.32. Following the completion of the sale, the chief executive officer now owns 2,178,452 shares of the company’s stock, valued at approximately $781,367,163.36. This trade represents a 1.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,801 shares of company stock worth $42,092,255 in the last three months. 4.34% of the stock is owned by insiders.

About CrowdStrike

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.