CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 38.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 306,723 shares of the company's stock after buying an additional 85,871 shares during the period. Ensign Peak Advisors Inc owned 0.12% of CrowdStrike worth $104,948,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Berbice Capital Management LLC bought a new stake in CrowdStrike during the 4th quarter worth $27,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. grew its position in CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in CrowdStrike during the 4th quarter worth $34,000. Finally, Millstone Evans Group LLC bought a new stake in CrowdStrike during the 4th quarter worth $34,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In other news, CFO Burt W. Podbere sold 16,000 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $436.88, for a total transaction of $6,990,080.00. Following the completion of the sale, the chief financial officer now owns 249,653 shares in the company, valued at approximately $109,068,402.64. This represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Kurtz sold 55,556 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the sale, the chief executive officer now owns 2,192,610 shares of the company's stock, valued at $981,280,679.40. This trade represents a 2.47% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 189,431 shares of company stock valued at $76,275,228. 4.34% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Roth Capital began 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. Raymond James downgraded CrowdStrike from an "outperform" rating to a "cautious" rating in a research note on Monday, March 10th. Robert W. Baird dropped their price target on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. Wells Fargo & Company upped their price target on CrowdStrike from $400.00 to $430.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 5th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus target price of $403.20.

CrowdStrike Trading Up 4.6%

NASDAQ CRWD traded up $18.87 on Monday, reaching $429.44. The stock had a trading volume of 3,275,964 shares, compared to its average volume of 5,094,763. The firm has a market capitalization of $106.45 billion, a price-to-earnings ratio of 842.06, a P/E/G ratio of 17.86 and a beta of 1.22. 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 12-month low of $200.81 and a 12-month high of $455.59. The stock has a fifty day moving average price of $376.01 and a two-hundred day moving average price of $370.65.

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.