State of Wyoming Has $274,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

State of Wyoming lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 2,191.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 802 shares of the company's stock after purchasing an additional 767 shares during the quarter. State of Wyoming's holdings in CrowdStrike were worth $274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Strive Asset Management LLC bought a new stake in CrowdStrike in the 4th quarter valued at approximately $870,000. Toronto Dominion Bank raised its stake in shares of CrowdStrike by 106.0% during the 4th quarter. Toronto Dominion Bank now owns 183,033 shares of the company's stock worth $62,627,000 after purchasing an additional 94,197 shares in the last quarter. Snowden Capital Advisors LLC raised its stake in shares of CrowdStrike by 13.8% during the 4th quarter. Snowden Capital Advisors LLC now owns 13,036 shares of the company's stock worth $4,460,000 after purchasing an additional 1,578 shares in the last quarter. Siemens Fonds Invest GmbH raised its stake in shares of CrowdStrike by 37.3% during the 4th quarter. Siemens Fonds Invest GmbH now owns 6,967 shares of the company's stock worth $2,384,000 after purchasing an additional 1,893 shares in the last quarter. Finally, Shell Asset Management Co. raised its stake in shares of CrowdStrike by 39.0% during the 4th quarter. Shell Asset Management Co. now owns 9,926 shares of the company's stock worth $3,396,000 after purchasing an additional 2,787 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CRWD shares. Morgan Stanley increased their price target on CrowdStrike from $415.00 to $455.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Baird R W cut CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. upped their price objective on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a report on Friday, February 28th. Stephens assumed coverage on CrowdStrike in a report on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 price objective on the stock. Finally, BTIG Research reaffirmed a "buy" rating on shares of CrowdStrike in a report on Thursday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus target price of $403.83.

CrowdStrike Trading Up 2.6%

NASDAQ CRWD traded up $11.52 during trading hours on Friday, reaching $455.59. The company's stock had a trading volume of 4,482,866 shares, compared to its average volume of 5,121,452. The firm has a fifty day simple moving average of $395.04 and a 200-day simple moving average of $379.13. The stock has a market cap of $112.93 billion, a P/E ratio of 893.33, a P/E/G ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $459.93. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This represents a 3.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 55,556 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were 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 directly owns 2,192,610 shares of the company's stock, valued at $981,280,679.40. This represents a 2.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 185,431 shares of company stock worth $74,472,548 in the last quarter. 3.32% of the stock is owned by insiders.

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.