Axa S.A. Decreases Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AXA S.A. lowered its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,157 shares of the company's stock after selling 6,361 shares during the quarter. AXA S.A. owned 0.06% of CrowdStrike worth $46,587,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CRWD. FSA Wealth Management LLC lifted its stake in CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after purchasing an additional 23 shares during the last quarter. Jacobi Capital Management LLC increased its stake in CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock worth $448,000 after purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC increased its stake in shares of CrowdStrike by 1.4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC boosted its position in CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after buying an additional 29 shares during the period. Finally, Greenwich Wealth Management LLC increased its position in shares of CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after acquiring an additional 30 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Gerhard Watzinger sold 10,500 shares of CrowdStrike stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $409.00, for a total transaction of $4,294,500.00. Following the completion of the sale, the director now directly owns 42,391 shares in the company, valued at approximately $17,337,919. This trade represents a 19.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $434.61, for a total transaction of $2,716,312.50. Following the completion of the transaction, the director now owns 761,842 shares in the company, valued at approximately $331,104,151.62. The trade was a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 139,125 shares of company stock worth $53,208,049. Corporate insiders own 4.34% of the company's stock.

Analysts Set New Price Targets

CRWD has been the subject of a number of research analyst reports. Barclays dropped their price target on CrowdStrike from $506.00 to $475.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. Canaccord Genuity Group raised their price objective on shares of CrowdStrike from $370.00 to $420.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Scotiabank reissued a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Roth Capital began coverage on CrowdStrike in a research note on Wednesday, April 23rd. They issued a "buy" rating and a $410.00 price target on the stock. Finally, Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus target price of $403.20.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded down $0.26 during midday trading on Tuesday, reaching $443.21. 3,420,768 shares of the company were exchanged, compared to its average volume of 5,053,422. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $109.86 billion, a PE ratio of 869.06, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The business's fifty day moving average is $372.76 and its two-hundred day moving average is $367.27. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

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.