Siemens Fonds Invest GmbH Acquires 1,893 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Siemens Fonds Invest GmbH boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 37.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,967 shares of the company's stock after purchasing an additional 1,893 shares during the period. Siemens Fonds Invest GmbH's holdings in CrowdStrike were worth $2,384,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CRWD. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at about $27,000. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at about $34,000. Crowley Wealth Management Inc. purchased a new stake in CrowdStrike in the 4th quarter valued at about $34,000. Finally, Millstone Evans Group LLC bought a new stake in CrowdStrike during the fourth quarter worth $34,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Trading Up 1.2%

Shares of CRWD traded up $5.09 during trading hours on Monday, reaching $444.35. 2,011,721 shares of the company traded hands, compared to its average volume of 5,099,392. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company's fifty day moving average price is $385.84 and its two-hundred day moving average price is $375.26. The company has a market capitalization of $110.14 billion, a price-to-earnings ratio of 871.29, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on CRWD shares. Truist Financial reduced their target price on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Needham & Company LLC restated a "buy" rating and issued a $420.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Susquehanna upped their target price on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research note on Wednesday, March 5th. KeyCorp lowered their price objective on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th. Finally, Stifel Nicolaus cut their target price on shares of CrowdStrike from $475.00 to $435.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $403.56.

Insiders Place Their Bets

In related news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on 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 sale, the director now directly owns 768,092 shares in the company, valued at $248,984,702.72. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the company's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 189,431 shares of company stock worth $76,275,228 over the last three months. Company insiders own 3.32% of the company's stock.

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.