Forsta AP Fonden Reduces Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Forsta AP Fonden decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 59,400 shares of the company’s stock after selling 200 shares during the quarter. Forsta AP Fonden’s holdings in CrowdStrike were worth $20,324,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC grew its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of CrowdStrike during the second quarter worth about $38,000. Oakworth Capital Inc. purchased a new position in shares of CrowdStrike during the third quarter worth about $28,000. Finally, Tsfg LLC grew its holdings in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now owns 389,589 shares in the company, valued at $139,655,968.83. The trade was a 2.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the business’s 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 transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 110,351 shares of company stock valued at $38,935,113. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 2.8 %

Shares of CrowdStrike stock opened at $397.07 on Thursday. The company has a fifty day moving average price of $360.37 and a 200 day moving average price of $311.65. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $411.30. The stock has a market cap of $97.80 billion, a price-to-earnings ratio of 778.58, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CRWD shares. Evercore ISI raised their price target on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. Bank of America raised their price objective on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research report on Thursday, October 17th. Needham & Company LLC raised their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Finally, CICC Research started coverage on shares of CrowdStrike in a research report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective for the company. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $369.00.

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.