CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. trimmed its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 42.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 225,070 shares of the company's stock after selling 168,618 shares during the period. CrowdStrike comprises approximately 2.7% of Fullerton Fund Management Co Ltd.'s portfolio, making the stock its 12th largest position. Fullerton Fund Management Co Ltd. owned about 0.09% of CrowdStrike worth $77,010,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CRWD. Fulton Bank N.A. grew its position in shares of CrowdStrike by 3.2% during the fourth quarter. Fulton Bank N.A. now owns 2,211 shares of the company's stock valued at $757,000 after purchasing an additional 68 shares in the last quarter. Fortitude Family Office LLC raised its position in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after purchasing an additional 44 shares during the last quarter. ORG Partners LLC grew its position in shares of CrowdStrike by 811.7% during the 4th quarter. ORG Partners LLC now owns 2,498 shares of the company's stock valued at $855,000 after acquiring an additional 2,224 shares during the period. CCM Investment Advisers LLC boosted its holdings in CrowdStrike by 31.5% in the 4th quarter. CCM Investment Advisers LLC now owns 34,043 shares of the company's stock worth $11,648,000 after buying an additional 8,160 shares during the last quarter. Finally, HBW Advisory Services LLC lifted its stake in shares of CrowdStrike by 42.3% in the fourth quarter. HBW Advisory Services LLC now owns 1,456 shares of the company's stock worth $498,000 after buying an additional 433 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity

In other news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the transaction, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In 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 insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on CRWD shares. Susquehanna upped their price target on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research note on Wednesday, March 5th. Rosenblatt Securities reiterated a "buy" rating and set a $450.00 price objective on shares of CrowdStrike in a report on Thursday. BMO Capital Markets raised their price objective on CrowdStrike from $380.00 to $405.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Wedbush lifted their target price on CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Finally, Citigroup reaffirmed an "outperform" rating on shares of CrowdStrike in a report on Monday, May 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average target price of $403.20.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $18.87 during trading on Monday, hitting $429.44. The company had a trading volume of 3,275,964 shares, compared to its average volume of 5,094,763. The stock has a 50 day simple moving average of $376.01 and a 200 day simple moving average of $370.65. The firm has a market capitalization of $106.45 billion, a P/E ratio of 842.06, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

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.