Quantessence Capital LLC Buys New Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Quantessence Capital LLC acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,274 shares of the company's stock, valued at approximately $436,000.

Other institutional investors have also recently made changes to their positions in the company. Alta Advisers Ltd boosted its stake in CrowdStrike by 11.1% in the 4th quarter. Alta Advisers Ltd now owns 778 shares of the company's stock worth $266,000 after purchasing an additional 78 shares during the period. Harvest Investment Services LLC raised its position in shares of CrowdStrike by 18.8% during the fourth quarter. Harvest Investment Services LLC now owns 4,404 shares of the company's stock valued at $1,507,000 after buying an additional 696 shares during the last quarter. FSA Wealth Management LLC raised its position in shares of CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock valued at $78,000 after buying an additional 23 shares during the last quarter. J. Safra Sarasin Holding AG raised its position in shares of CrowdStrike by 43.5% during the fourth quarter. J. Safra Sarasin Holding AG now owns 30,644 shares of the company's stock valued at $10,485,000 after buying an additional 9,295 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in shares of CrowdStrike by 27.0% during the fourth quarter. OneDigital Investment Advisors LLC now owns 5,319 shares of the company's stock valued at $1,820,000 after buying an additional 1,131 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company's 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the sale, the director now owns 805,592 shares of the company's stock, valued at $332,218,084.88. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 122,375 shares of company stock valued at $46,197,236. 4.34% of the stock is currently owned by insiders.

CrowdStrike Stock Up 2.6 %

Shares of CRWD stock traded up $10.83 during mid-day trading on Friday, hitting $424.88. 3,330,958 shares of the stock traded hands, compared to its average volume of 5,066,026. The stock has a market cap of $105.32 billion, a P/E ratio of 833.11, a P/E/G ratio of 17.86 and a beta of 1.28. The stock's fifty day moving average is $369.96 and its two-hundred day moving average is $362.11. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CRWD. Citigroup reiterated a "buy" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Barclays reduced their price target on shares of CrowdStrike from $506.00 to $475.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th. Wedbush boosted their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Jefferies Financial Group reduced their price target on shares of CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Finally, Westpark Capital restated a "hold" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $400.76.

CrowdStrike Profile

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.