Union Bancaire Privee UBP SA Makes New $122,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Union Bancaire Privee UBP SA acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 350 shares of the company’s stock, valued at approximately $122,000.

Other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP raised its stake in shares of CrowdStrike by 13.9% in the third quarter. Allworth Financial LP now owns 3,688 shares of the company’s stock worth $1,035,000 after purchasing an additional 449 shares during the last quarter. Modera Wealth Management LLC increased its holdings in CrowdStrike by 16.4% in the 3rd quarter. Modera Wealth Management LLC now owns 3,620 shares of the company’s stock worth $1,015,000 after buying an additional 510 shares during the period. State of Alaska Department of Revenue raised its position in CrowdStrike by 7.0% during the 3rd quarter. State of Alaska Department of Revenue now owns 26,825 shares of the company’s stock worth $7,523,000 after buying an additional 1,745 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in CrowdStrike by 50.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 41,672 shares of the company’s stock valued at $11,688,000 after acquiring an additional 14,003 shares during the period. Finally, Autumn Glory Partners LLC purchased a new stake in shares of CrowdStrike in the 3rd quarter valued at $280,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CrowdStrike news, 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 owns 94,214 shares in the company, valued at $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 136,565 shares of company stock valued at $51,038,529 over the last ninety days. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 3.1 %

NASDAQ CRWD opened at $379.75 on Wednesday. The business’s fifty day simple moving average is $384.90 and its 200-day simple moving average is $333.10. 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 firm has a market cap of $93.54 billion, a PE ratio of 744.62, a P/E/G ratio of 17.86 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CRWD shares. BMO Capital Markets raised their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. JMP Securities reissued a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. The Goldman Sachs Group upped their target price on CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. Susquehanna lifted their price target on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research report on Wednesday, November 27th. Finally, Evercore ISI upped their price objective on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-eight have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $383.08.

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.