Gilder Gagnon Howe & Co. LLC Has $57.92 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Gilder Gagnon Howe & Co. LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,270 shares of the company's stock after purchasing an additional 15,751 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned about 0.07% of CrowdStrike worth $57,917,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of CrowdStrike by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock worth $7,502,204,000 after purchasing an additional 342,294 shares during the period. Jennison Associates LLC boosted its stake in shares of CrowdStrike by 6.9% during the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after buying an additional 352,180 shares during the last quarter. Geode Capital Management LLC increased its position in shares of CrowdStrike by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock worth $1,712,063,000 after purchasing an additional 124,984 shares during the last quarter. Norges Bank acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $1,111,542,000. Finally, FMR LLC increased its stake in CrowdStrike by 15.0% during the fourth quarter. FMR LLC now owns 2,204,171 shares of the company's stock valued at $754,179,000 after purchasing an additional 287,960 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CRWD has been the subject of several analyst reports. Stephens initiated coverage on shares of CrowdStrike in a report on Tuesday, April 1st. They set an "overweight" rating and a $450.00 price target for the company. JPMorgan Chase & Co. lifted their price target on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Citigroup restated a "buy" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Canaccord Genuity Group lifted their price objective on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Finally, Wells Fargo & Company raised their price target on shares of CrowdStrike from $400.00 to $430.00 and gave the company an "overweight" rating in a report on Wednesday, March 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 assigned a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus target price of $400.76.

CrowdStrike Stock Performance

CrowdStrike stock traded down $8.36 during midday trading on Wednesday, reaching $422.63. 1,509,884 shares of the company's stock were exchanged, compared to its average volume of 5,045,077. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The firm has a market cap of $104.76 billion, a price-to-earnings ratio of 828.70, a P/E/G ratio of 17.86 and a beta of 1.28. The stock's 50-day simple moving average is $369.32 and its 200 day simple moving average is $363.30. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares of the company's stock, valued at $42,459,423.38. The trade was a 4.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Michael Sentonas sold 13,543 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the transaction, the president now directly owns 405,308 shares in the company, valued at $145,351,554.96. This represents a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,875 shares of company stock valued at $50,491,736 over the last ninety days. 4.34% of the stock is currently owned by company 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.