4,209 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Raiffeisen Bank International AG

Raiffeisen Bank International AG bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,209 shares of the company’s stock, valued at approximately $1,471,000.

Other hedge funds have also modified their holdings of the company. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter worth $27,000. FPC Investment Advisory Inc. grew its holdings in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike in the 4th quarter worth $34,000. Crowley Wealth Management Inc. purchased a new position in shares of CrowdStrike during the fourth quarter valued at $34,000. Finally, Millstone Evans Group LLC purchased a new position in shares of CrowdStrike during the fourth quarter valued at $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling 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 value of $2,026,000.00. Following the completion of the transaction, the director now owns 768,092 shares of the company’s stock, valued at $248,984,702.72. This represents a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO George Kurtz sold 55,556 shares of the company’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $447.54, for a total value of $24,863,532.24. Following the completion of the sale, the chief executive officer now owns 2,192,610 shares in the company, valued at approximately $981,280,679.40. This represents a 2.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 189,431 shares of company stock valued at $76,275,228 in the last quarter. Corporate insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Rosenblatt Securities reiterated a “buy” rating and set a $450.00 price target on shares of CrowdStrike in a report on Thursday, May 8th. Stephens assumed coverage on CrowdStrike in a report on Tuesday, April 1st. They set an “overweight” rating and a $450.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Morgan Stanley lifted their price target on CrowdStrike from $415.00 to $455.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $403.56.

CrowdStrike Trading Up 1.7%

CrowdStrike stock opened at $439.26 on Friday. The business has a 50 day moving average price of $385.84 and a two-hundred day moving average price of $374.26. 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 stock has a market cap of $108.88 billion, a price-to-earnings ratio of 861.31, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59.

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.