Aware Super Pty Ltd as trustee of Aware Super Invests $3.51 Million in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,261 shares of the company’s stock, valued at approximately $3,511,000.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in CrowdStrike by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock worth $7,502,204,000 after acquiring an additional 342,294 shares during the period. Jennison Associates LLC boosted its stake in CrowdStrike by 6.9% during the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after buying an additional 352,180 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of CrowdStrike by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock valued at $1,712,063,000 after acquiring an additional 124,984 shares in the last quarter. Norges Bank bought a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $1,111,542,000. Finally, FMR LLC raised its stake in CrowdStrike by 15.0% during the fourth quarter. FMR LLC now owns 2,204,171 shares of the company’s stock worth $754,179,000 after acquiring an additional 287,960 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the transaction, the director now owns 768,092 shares in the company, valued at approximately $248,984,702.72. This represents a 0.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 120,801 shares of company stock worth $45,553,642. Insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Truist Financial dropped their price target on CrowdStrike from $460.00 to $450.00 and set a “buy” rating for the company in a report on Monday, March 31st. Mizuho upped their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Piper Sandler set a $347.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Robert W. Baird lowered their target price on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research note on Wednesday, March 5th. Finally, Jefferies Financial Group cut their price target on CrowdStrike from $425.00 to $410.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $400.88.

CrowdStrike Stock Up 0.2 %

Shares of NASDAQ:CRWD opened at $378.66 on Tuesday. 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 $93.86 billion, a PE ratio of 742.49, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The firm has a fifty day moving average of $379.36 and a 200 day moving average of $355.99. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

CrowdStrike 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.