Mn Services Vermogensbeheer B.V. raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 3.2% during the fourth quarter, HoldingsChannel reports. The fund owned 90,400 shares of the company’s stock after acquiring an additional 2,800 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in CrowdStrike were worth $30,931,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Crystal Rock Capital Management lifted its position in shares of CrowdStrike by 33.7% in the 4th quarter. Crystal Rock Capital Management now owns 6,350 shares of the company’s stock worth $2,173,000 after buying an additional 1,600 shares during the last quarter. New York Life Investment Management LLC grew its stake in shares of CrowdStrike by 1.6% in the 4th quarter. New York Life Investment Management LLC now owns 34,605 shares of the company’s stock worth $11,840,000 after purchasing an additional 532 shares during the last quarter. Apriem Advisors boosted its holdings in shares of CrowdStrike by 25.0% in the fourth quarter. Apriem Advisors now owns 1,190 shares of the company’s stock worth $407,000 after buying an additional 238 shares during the period. Nwam LLC boosted its holdings in shares of CrowdStrike by 7.1% in the fourth quarter. Nwam LLC now owns 3,483 shares of the company’s stock worth $1,192,000 after buying an additional 230 shares during the period. Finally, Heritage Investors Management Corp acquired a new stake in shares of CrowdStrike during the fourth quarter worth approximately $225,000. 71.16% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on CRWD shares. KeyCorp raised their price objective on shares of CrowdStrike from $395.00 to $480.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. UBS Group boosted their target price on shares of CrowdStrike from $396.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday. Evercore ISI lifted their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Robert W. Baird restated a “neutral” rating and issued a $430.00 target price (up previously from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. Finally, Citigroup reiterated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $387.08.
Insider Activity at CrowdStrike
In other news, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is owned by corporate insiders.
CrowdStrike Price Performance
Shares of CRWD opened at $394.56 on Thursday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve 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 has a 50 day moving average of $385.81 and a 200-day moving average of $333.53. The stock has a market capitalization of $97.18 billion, a P/E ratio of 773.66, a P/E/G ratio of 17.86 and a beta of 1.16.
CrowdStrike Company 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.
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