871 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Jasper Ridge Partners L.P.

Jasper Ridge Partners L.P. purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 871 shares of the company's stock, valued at approximately $298,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CRWD. Berbice Capital Management LLC bought a new position in CrowdStrike in the 4th quarter valued at about $27,000. Fortitude Family Office LLC grew its position in shares of CrowdStrike by 112.8% in the fourth 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. FPC Investment Advisory Inc. increased its stake in shares of CrowdStrike by 811.1% during 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 acquired a new stake in CrowdStrike during the 4th quarter worth approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in CrowdStrike during the 4th quarter worth approximately $34,000. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the completion of the sale, the director now directly owns 768,092 shares in the company, valued at approximately $248,984,702.72. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 13,543 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $4,856,790.66. Following the completion of 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 189,431 shares of company stock valued at $76,275,228 over the last quarter. Insiders own 3.32% of the company's stock.

CrowdStrike Trading Down 0.6%

Shares of NASDAQ CRWD traded down $2.82 during midday trading on Wednesday, reaching $437.38. The stock had a trading volume of 868,722 shares, compared to its average volume of 5,085,536. The company's 50 day moving average price is $379.14 and its 200 day moving average price is $372.03. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The firm has a market cap of $108.42 billion, a price-to-earnings ratio of 858.03, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent research reports. Scotiabank reaffirmed a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. 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. Royal Bank of Canada reiterated an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Wells Fargo & Company increased their price target on CrowdStrike from $400.00 to $430.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 5th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $450.00 price objective on shares of CrowdStrike in a report on Thursday, May 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $403.20.

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.