Meeder Advisory Services Inc. Raises Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Meeder Advisory Services Inc. boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,170 shares of the company’s stock after buying an additional 336 shares during the quarter. Meeder Advisory Services Inc.’s holdings in CrowdStrike were worth $2,111,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CRWD. Discovery Capital Management LLC CT raised its position in CrowdStrike by 6.0% during the 4th quarter. Discovery Capital Management LLC CT now owns 35,300 shares of the company’s stock valued at $12,078,000 after purchasing an additional 2,000 shares during the last quarter. OV Management LLC lifted its stake in CrowdStrike by 6.0% in the fourth quarter. OV Management LLC now owns 2,810 shares of the company’s stock worth $961,000 after acquiring an additional 159 shares during the period. Centric Wealth Management bought a new stake in CrowdStrike in the fourth quarter valued at $1,470,000. Boston Family Office LLC increased its position in CrowdStrike by 4.7% during the 4th quarter. Boston Family Office LLC now owns 2,385 shares of the company’s stock valued at $816,000 after purchasing an additional 107 shares during the period. Finally, Geode Capital Management LLC raised its holdings in CrowdStrike by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock worth $1,712,063,000 after purchasing an additional 124,984 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 2.5 %

CRWD stock opened at $371.49 on Thursday. The company has a market cap of $92.08 billion, a price-to-earnings ratio of 728.43, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The business’s 50-day moving average is $387.85 and its two-hundred day moving average is $351.03. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the transaction, the insider now directly owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the sale, the director now directly owns 805,592 shares of the company’s stock, valued at $332,218,084.88. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 114,551 shares of company stock valued at $43,527,642 in the last quarter. 4.34% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CRWD has been the topic of a number of research reports. Truist Financial cut their target price on shares of CrowdStrike from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Monday. The Goldman Sachs Group reiterated a “buy” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Raymond James cut CrowdStrike from an “outperform” rating to a “cautious” rating in a research note on Monday, March 10th. Needham & Company LLC restated a “buy” rating and set a $420.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $400.88.

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.