California State Teachers Retirement System Purchases 1,170 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

California State Teachers Retirement System raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 0.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 360,569 shares of the company's stock after acquiring an additional 1,170 shares during the period. California State Teachers Retirement System owned 0.15% of CrowdStrike worth $123,372,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CRWD. Berbice Capital Management LLC acquired a new stake in CrowdStrike during the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its holdings in shares of CrowdStrike by 112.8% during the fourth 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 CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $34,000. Finally, Millstone Evans Group LLC bought a new stake in CrowdStrike during the 4th quarter valued at $34,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $324.16, for a total value of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares of the company's stock, valued at approximately $248,984,702.72. This represents a 0.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gerhard Watzinger sold 10,500 shares of CrowdStrike stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $409.00, for a total value of $4,294,500.00. Following the transaction, the director now owns 42,391 shares of the company's stock, valued at $17,337,919. The trade was a 19.85 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 132,875 shares of company stock worth $50,491,736. Corporate insiders own 4.34% of the company's stock.

CrowdStrike Stock Down 0.5 %

Shares of NASDAQ:CRWD traded down $2.12 during midday trading on Wednesday, reaching $428.87. 3,074,260 shares of the company were exchanged, compared to its average volume of 5,064,012. The firm has a market cap of $106.31 billion, a PE ratio of 840.94, a P/E/G ratio of 17.86 and a beta of 1.28. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The stock has a fifty day simple moving average of $369.76 and a two-hundred day simple moving average of $363.75.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Roth Capital began coverage on shares of CrowdStrike in a research note on Wednesday, April 23rd. They set a "buy" rating and a $410.00 price objective on the stock. DA Davidson boosted their target price on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Wedbush lifted their target price on CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Needham & Company LLC reiterated a "buy" rating and issued a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Evercore ISI lifted their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $400.76.

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.