Meeder Advisory Services Inc. Acquires 336 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Meeder Advisory Services Inc. lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,170 shares of the company’s stock after acquiring an additional 336 shares during the period. Meeder Advisory Services Inc.’s holdings in CrowdStrike were worth $2,111,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. boosted its holdings in CrowdStrike by 260,400.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 5,210 shares of the company’s stock worth $1,461,000 after acquiring an additional 5,208 shares during the last quarter. Hilltop Holdings Inc. grew its position in CrowdStrike by 1.8% in the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after purchasing an additional 34 shares in the last quarter. Investment Management Corp of Ontario increased its stake in CrowdStrike by 48.3% in the 3rd quarter. Investment Management Corp of Ontario now owns 7,673 shares of the company’s stock valued at $2,152,000 after buying an additional 2,500 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of CrowdStrike by 18.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 19,828 shares of the company’s stock worth $5,561,000 after buying an additional 3,056 shares in the last quarter. Finally, Ingalls & Snyder LLC grew its holdings in shares of CrowdStrike by 2.3% in the third quarter. Ingalls & Snyder LLC now owns 6,250 shares of the company’s stock valued at $1,753,000 after acquiring an additional 140 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insiders Place Their Bets

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike 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 transaction, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 114,551 shares of company stock valued at $43,527,642 over the last 90 days. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 2.5 %

Shares of NASDAQ:CRWD opened at $371.49 on Thursday. The firm has a market capitalization of $92.08 billion, a PE ratio of 728.43, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The firm has a fifty day moving average of $387.85 and a 200 day moving average of $351.03.

Analysts Set New Price Targets

A number of analysts recently commented on CRWD shares. Stephens initiated coverage on CrowdStrike in a report on Tuesday. They set an “overweight” rating and a $450.00 price target on the stock. Canaccord Genuity Group boosted their price target on shares of CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Wedbush raised their price objective on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Stifel Nicolaus dropped their target price on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, Rosenblatt Securities restated a “buy” rating and set a $450.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $400.88.

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.