CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 24.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 892,603 shares of the company's stock after buying an additional 174,699 shares during the quarter. Deutsche Bank AG owned about 0.36% of CrowdStrike worth $305,413,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike during the fourth quarter worth about $27,000. FPC Investment Advisory Inc. lifted its holdings in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares during the period. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after buying an additional 44 shares in the last quarter. Crowley Wealth Management Inc. acquired a new position in CrowdStrike during the fourth quarter worth $34,000. Finally, Luken Investment Analytics LLC purchased a new position in CrowdStrike in the fourth quarter worth $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Bank of America upped their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Truist Financial reduced their price target on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Royal Bank of Canada restated an "outperform" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Roth Capital started coverage on CrowdStrike in a research report on Wednesday, April 23rd. They set a "buy" rating and a $410.00 target price on the stock. Finally, Robert W. Baird cut their price target on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $403.20.

CrowdStrike Stock Up 1.4 %

Shares of NASDAQ:CRWD opened at $428.63 on Friday. The company's fifty day moving average is $375.60 and its two-hundred day moving average is $369.00. 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 1-year low of $200.81 and a 1-year high of $455.59. The stock has a market capitalization of $106.25 billion, a price-to-earnings ratio of 840.47, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Insider Buying and Selling

In other CrowdStrike news, CEO George Kurtz sold 55,556 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $447.54, for a total value of $24,863,532.24. Following the sale, the chief executive officer now directly owns 2,192,610 shares in the company, valued at approximately $981,280,679.40. This trade represents a 2.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction 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 transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 206,551 shares of company stock worth $83,604,814 over the last quarter. 4.34% of the stock is owned by company insiders.

CrowdStrike Company Profile

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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