Boussard & Gavaudan Investment Management LLP Buys Shares of 54,993 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Boussard & Gavaudan Investment Management LLP bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 54,993 shares of the company's stock, valued at approximately $19,210,000. CrowdStrike makes up approximately 1.6% of Boussard & Gavaudan Investment Management LLP's investment portfolio, making the stock its 19th biggest holding.

Other large investors have also recently bought and sold shares of 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 lifted its position in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after purchasing an additional 44 shares during the last quarter. FPC Investment Advisory Inc. grew its stake in 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 buying an additional 73 shares in the last quarter. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike in the 4th quarter worth $34,000. Finally, Crowley Wealth Management Inc. purchased a new stake in shares of CrowdStrike during the 4th quarter valued at $34,000. 71.16% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Burt W. Podbere sold 13,529 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.10, for a total transaction of $4,844,734.90. Following the sale, the chief financial officer now directly owns 244,739 shares of the company's stock, valued at $87,641,035.90. This trade represents a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares of the company's stock, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,801 shares of company stock worth $42,092,255 over the last 90 days. 4.34% of the stock is currently owned by insiders.

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Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CRWD. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Morgan Stanley set a $429.00 price objective on CrowdStrike in a research report on Tuesday, March 18th. Truist Financial decreased their price target on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a research note on Monday. Rosenblatt Securities reaffirmed a "buy" rating and issued a $450.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Susquehanna increased their target price on shares of CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $400.00.

CrowdStrike Stock Down 3.1 %

CRWD stock traded down $11.13 during trading on Monday, hitting $345.98. 1,475,797 shares of the stock traded hands, compared to its average volume of 4,041,055. The stock has a market cap of $85.76 billion, a price-to-earnings ratio of 678.38, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm's 50 day moving average is $388.15 and its two-hundred day moving average is $349.49.

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.