APG Asset Management N.V. Raises Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

APG Asset Management N.V. lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 584.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,834 shares of the company's stock after purchasing an additional 123,673 shares during the period. APG Asset Management N.V. owned 0.06% of CrowdStrike worth $47,857,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Jacobi Capital Management LLC lifted its stake in shares of CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock worth $448,000 after purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock valued at $675,000 after buying an additional 27 shares during the last quarter. Wintrust Investments LLC raised its position in CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company's stock worth $246,000 after acquiring an additional 29 shares during the period. Synergy Financial Group LTD boosted its stake in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock worth $1,108,000 after acquiring an additional 30 shares during the last quarter. Finally, Greenwich Wealth Management LLC grew its position in shares of CrowdStrike by 4.0% during the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after acquiring an additional 30 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

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CrowdStrike Trading Up 2.5 %

CrowdStrike stock traded up $9.29 during midday trading on Friday, reaching $377.90. The stock had a trading volume of 3,378,070 shares, compared to its average volume of 5,010,197. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a fifty day moving average of $380.13 and a 200 day moving average of $355.34. The firm has a market cap of $93.67 billion, a price-to-earnings ratio of 740.99, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 2,547 shares of the firm's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $365.96, for a total value of $932,100.12. Following the transaction, the insider now owns 82,071 shares of the company's stock, valued at $30,034,703.16. This trade represents a 3.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares of the company's stock, valued at $12,969,492.30. The trade was a 3.97 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 120,801 shares of company stock worth $45,553,642. 4.34% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CRWD shares. Susquehanna lifted their target price on CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a research report on Wednesday, March 5th. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Jefferies Financial Group reduced their target price on shares of CrowdStrike from $425.00 to $410.00 and set a "buy" rating for the company in a report on Monday, March 31st. Robert W. Baird lowered their price target on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a report on Wednesday, March 5th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $440.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $400.88.

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.