2,233 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by 111 Capital

111 Capital acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,233 shares of the company's stock, valued at approximately $764,000.

A number of other institutional investors have also recently made changes to their positions in the company. Lansforsakringar Fondforvaltning AB publ purchased a new position in CrowdStrike in the fourth quarter worth about $27,016,000. Centaurus Financial Inc. grew its position in CrowdStrike by 62.0% in the fourth quarter. Centaurus Financial Inc. now owns 3,153 shares of the company's stock worth $1,079,000 after acquiring an additional 1,207 shares in the last quarter. Wealthedge Investment Advisors LLC purchased a new position in CrowdStrike in the fourth quarter worth about $858,000. Siemens Fonds Invest GmbH grew its position in CrowdStrike by 37.3% in the fourth quarter. Siemens Fonds Invest GmbH now owns 6,967 shares of the company's stock worth $2,384,000 after acquiring an additional 1,893 shares in the last quarter. Finally, Park Square Financial Group LLC purchased a new position in CrowdStrike in the fourth quarter worth about $151,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 55,556 shares of the firm's stock in a transaction on Monday, May 5th. The shares were 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerhard Watzinger sold 10,000 shares of CrowdStrike stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $469.00, for a total transaction of $4,690,000.00. Following the sale, the director now owns 39,500 shares in the company, valued at $18,525,500. This represents a 20.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 195,431 shares of company stock worth $79,162,548 in the last ninety days. 3.32% of the stock is owned by corporate insiders.

CrowdStrike Trading Up 1.5%

Shares of NASDAQ:CRWD traded up $7.01 during mid-day trading on Friday, reaching $465.82. 4,481,144 shares of the company were exchanged, compared to its average volume of 5,121,588. The firm has a market cap of $115.46 billion, a price-to-earnings ratio of 913.39, a P/E/G ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $474.23. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm's 50-day simple moving average is $404.18 and its 200 day simple moving average is $383.65.

Analyst Upgrades and Downgrades

Several research firms recently commented on CRWD. Bank of America lifted their price target on CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Barclays reiterated an "overweight" rating and issued a $500.00 price target (up previously from $475.00) on shares of CrowdStrike in a research report on Wednesday. Robert W. Baird decreased their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. DZ Bank downgraded shares of CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price objective for the company. in a research note on Thursday, May 22nd. Finally, Piper Sandler set a $347.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $408.12.

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.