CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 20.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,602 shares of the company’s stock after buying an additional 23,715 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned about 0.06% of CrowdStrike worth $39,154,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in CRWD. Abich Financial Wealth Management LLC acquired a new position in shares of CrowdStrike in the second quarter valued at about $25,000. Family Firm Inc. acquired a new position in CrowdStrike in the 2nd quarter worth approximately $30,000. Itau Unibanco Holding S.A. purchased a new position in CrowdStrike during the 2nd quarter worth approximately $33,000. Unique Wealth Strategies LLC acquired a new stake in CrowdStrike during the 2nd quarter valued at approximately $36,000. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of CrowdStrike in the 2nd quarter valued at $38,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CRWD shares. Jefferies Financial Group raised their target price on shares of CrowdStrike from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Susquehanna boosted their price objective on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a report on Wednesday, November 27th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a report on Monday, September 30th. Stifel Nicolaus boosted their price target on CrowdStrike from $300.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, UBS Group dropped their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $355.80.

CrowdStrike Stock Down 0.5 %

Shares of CRWD opened at $345.97 on Monday. The stock has a fifty day simple moving average of $315.80 and a two-hundred day simple moving average of $312.87. The company has a quick ratio of 1.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $84.81 billion, a PE ratio of 678.39, a price-to-earnings-growth ratio of 25.05 and a beta of 1.10. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the transaction, the insider now directly owns 174,591 shares in the company, valued at approximately $45,521,111.43. This represents a 2.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Kurtz sold 55,325 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $296.62, for a total value of $16,410,501.50. Following the sale, the chief executive officer now directly owns 1,109,746 shares of the company’s stock, valued at approximately $329,172,858.52. This trade represents a 4.75 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 108,248 shares of company stock worth $32,465,110. Insiders own 4.34% of the company’s stock.

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.