Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 174,176 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 174,176 shares of the company's stock, valued at approximately $59,596,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of CrowdStrike at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. FPC Investment Advisory Inc. grew its holdings in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike during the 4th quarter worth about $34,000. Crowley Wealth Management Inc. bought a new position in shares of CrowdStrike during the 4th quarter worth about $34,000. Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $34,000. Finally, Bellwether Advisors LLC acquired a new position in CrowdStrike during the 4th quarter worth approximately $37,000. 71.16% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 55,556 shares of CrowdStrike stock in a transaction dated 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. The trade was a 2.47% 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 valued at $79,162,548 in the last quarter. 3.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. 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. DZ Bank cut 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 report on Thursday, May 22nd. Robert W. Baird lowered their target price on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a report on Wednesday, March 5th. BTIG Research reiterated a "buy" rating on shares of CrowdStrike in a research note on Thursday, May 22nd. Finally, Roth Capital started coverage on CrowdStrike in a report on Wednesday, April 23rd. They set a "buy" rating and a $410.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average target price of $408.12.

CrowdStrike Trading Up 2.7%

Shares of CRWD traded up $12.56 on Friday, hitting $471.37. 4,469,684 shares of the stock traded hands, compared to its average volume of 5,125,568. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $474.23. The stock's 50 day moving average is $402.56 and its two-hundred day moving average is $382.80. The firm has a market capitalization of $116.84 billion, a P/E ratio of 924.27, 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.

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.