Strs Ohio Has $72.05 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Strs Ohio raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 49.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,204 shares of the company's stock after purchasing an additional 93,204 shares during the period. Strs Ohio owned about 0.12% of CrowdStrike worth $72,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of CRWD. Fairfield Bush & CO. acquired a new stake in CrowdStrike in the 1st quarter valued at about $654,000. MetLife Investment Management LLC purchased a new position in shares of CrowdStrike in the 1st quarter valued at about $2,930,000. Yousif Capital Management LLC increased its holdings in shares of CrowdStrike by 4.3% in the 1st quarter. Yousif Capital Management LLC now owns 2,934 shares of the company's stock valued at $666,000 after acquiring an additional 120 shares during the last quarter. Raymond James Trust N.A. increased its holdings in shares of CrowdStrike by 37.3% in the 1st quarter. Raymond James Trust N.A. now owns 2,830 shares of the company's stock valued at $643,000 after acquiring an additional 769 shares during the last quarter. Finally, Synovus Financial Corp increased its holdings in shares of CrowdStrike by 14.4% in the 1st quarter. Synovus Financial Corp now owns 2,930 shares of the company's stock valued at $658,000 after acquiring an additional 369 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of recent analyst reports. Morgan Stanley increased their price objective on CrowdStrike from $304.00 to $372.00 and gave the company an "overweight" rating in a report on Wednesday, March 13th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Thursday, March 14th. Guggenheim increased their price objective on CrowdStrike from $358.00 to $424.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. Susquehanna raised their price target on CrowdStrike from $330.00 to $410.00 and gave the stock a "positive" rating in a research note on Thursday, March 7th. Finally, Royal Bank of Canada raised their price target on CrowdStrike from $357.00 to $420.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $373.29.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the business's stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares of the company's stock, valued at $76,851,722.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the business's stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares of the company's stock, valued at $76,851,722.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 15,000 shares of the business's stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $316.82, for a total value of $4,752,300.00. Following the sale, the director now directly owns 839,234 shares of the company's stock, valued at approximately $265,886,115.88. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 241,667 shares of company stock valued at $77,205,950. Company insiders own 5.68% of the company's stock.

CrowdStrike Trading Down 2.8 %

Shares of NASDAQ:CRWD traded down $8.75 during midday trading on Friday, reaching $309.05. The company's stock had a trading volume of 2,176,260 shares, compared to its average volume of 2,280,736. The firm has a market cap of $74.75 billion, a price-to-earnings ratio of 858.50, a price-to-earnings-growth ratio of 12.36 and a beta of 1.05. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 1 year low of $115.67 and a 1 year high of $365.00. The business has a 50 day moving average price of $319.83 and a 200 day moving average price of $260.60.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Research analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

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.