Raiffeisen Bank International AG bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,209 shares of the company's stock, valued at approximately $1,471,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Grassi Investment Management acquired a new position in CrowdStrike during the fourth quarter worth $240,000. Park Avenue Securities LLC lifted its position in CrowdStrike by 23.7% during the 4th quarter. Park Avenue Securities LLC now owns 12,197 shares of the company's stock worth $4,173,000 after buying an additional 2,339 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of CrowdStrike by 42.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 495 shares of the company's stock worth $169,000 after buying an additional 148 shares during the last quarter. Redhawk Wealth Advisors Inc. bought a new position in shares of CrowdStrike in the 4th quarter valued at about $207,000. Finally, ERn Financial LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $281,000. 71.16% of the stock is owned by institutional investors and hedge funds.
CrowdStrike Price Performance
Shares of NASDAQ:CRWD traded up $5.09 during midday trading on Monday, hitting $444.35. The stock had a trading volume of 2,011,721 shares, compared to its average volume of 5,099,392. The company's 50-day moving average price is $385.84 and its 200-day moving average price is $375.26. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $110.14 billion, a P/E ratio of 871.29, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.
Insider Buying and Selling at CrowdStrike
In related news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares of the company's stock, valued at $12,969,492.30. This represents a 3.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares in the company, valued at approximately $248,984,702.72. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 189,431 shares of company stock worth $76,275,228 over the last three months. Corporate insiders own 3.32% of the company's stock.
Analyst Ratings Changes
Several research analysts recently commented on CRWD shares. Baird R W cut CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. KeyCorp cut their price objective on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Morgan Stanley boosted their target price on shares of CrowdStrike from $415.00 to $455.00 and gave the stock an "overweight" rating in a report on Thursday. Guggenheim reiterated a "neutral" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $403.56.
Check Out Our Latest Research Report on CRWD
About CrowdStrike
(
Free Report)
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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