CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Increased by Tybourne Capital Management HK Ltd.

Tybourne Capital Management HK Ltd. raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 52.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,942 shares of the company's stock after purchasing an additional 2,050 shares during the period. Tybourne Capital Management HK Ltd.'s holdings in CrowdStrike were worth $2,033,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter worth $27,000. 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 valued at $28,000 after acquiring an additional 73 shares in the last quarter. Crowley Wealth Management Inc. purchased a new stake in CrowdStrike during the 4th quarter worth approximately $34,000. Luken Investment Analytics LLC purchased a new position in CrowdStrike in the fourth quarter valued at $34,000. Finally, Millstone Evans Group LLC acquired a new position in shares of CrowdStrike during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Trading Down 0.5%

CrowdStrike stock traded down $2.10 during trading on Tuesday, hitting $442.25. The company had a trading volume of 2,127,631 shares, compared to its average volume of 5,099,224. The stock has a market cap of $109.62 billion, a price-to-earnings ratio of 867.17, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The company's 50 day simple moving average is $389.98 and its 200-day simple moving average is $376.71. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59.

Insider Activity

In related news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction, the chief executive officer now directly owns 2,192,610 shares of the company's stock, valued at $981,280,679.40. The trade was a 2.47% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 185,431 shares of company stock worth $74,472,548. 3.32% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CRWD. Susquehanna boosted their price target on shares of CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a research report on Wednesday, March 5th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. KeyCorp decreased their price objective on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Wedbush boosted 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. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $403.56.

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.