Jump Financial LLC Purchases 668 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Jump Financial LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 53.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,924 shares of the company’s stock after acquiring an additional 668 shares during the period. Jump Financial LLC’s holdings in CrowdStrike were worth $658,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CRWD shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $440.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. BMO Capital Markets upped their price target on CrowdStrike from $380.00 to $405.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Raymond James lowered shares of CrowdStrike from an “outperform” rating to a “cautious” rating in a report on Monday, March 10th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $400.53.

CrowdStrike Trading Up 1.6 %

CrowdStrike stock opened at $368.45 on Wednesday. The stock has a 50-day simple moving average of $372.64 and a 200 day simple moving average of $359.37. The stock has a market capitalization of $91.33 billion, a P/E ratio of 722.47, a PEG ratio of 17.86 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Kurtz sold 22,449 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the sale, the chief executive officer now owns 2,178,452 shares of the company’s stock, valued at approximately $781,367,163.36. This represents a 1.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 122,375 shares of company stock valued at $46,197,236 over the last three months. Insiders own 4.34% of the company’s stock.

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.