CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Fusion Capital LLC

Fusion Capital LLC raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 822 shares of the company’s stock after purchasing an additional 55 shares during the period. Fusion Capital LLC’s holdings in CrowdStrike were worth $281,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CRWD. State Street Corp lifted its position in CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after buying an additional 275,717 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of CrowdStrike by 6.9% in the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after acquiring an additional 352,180 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of CrowdStrike by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock worth $1,367,505,000 after purchasing an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in CrowdStrike by 12.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock valued at $440,461,000 after purchasing an additional 171,861 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in CrowdStrike by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock valued at $379,895,000 after purchasing an additional 20,899 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In related 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 transaction of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 18,071 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the completion of the sale, the chief executive officer now directly owns 2,159,935 shares in the company, valued at $776,928,619.50. This trade represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,565 shares of company stock valued at $40,570,629. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $380.24 on Friday. The company’s fifty day moving average is $386.39 and its two-hundred day moving average is $333.85. 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 firm has a market capitalization of $93.66 billion, a P/E ratio of 745.58, a PEG ratio of 17.86 and a beta of 1.16. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of research reports. Evercore ISI lifted their price objective on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, November 25th. Needham & Company LLC boosted their price target on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Barclays raised their price objective on shares of CrowdStrike from $372.00 to $506.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Finally, Royal Bank of Canada raised their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $388.70.

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.