CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Lifted by AlpInvest Partners B.V.

AlpInvest Partners B.V. raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 191.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,849 shares of the company's stock after acquiring an additional 2,527 shares during the period. CrowdStrike comprises approximately 1.4% of AlpInvest Partners B.V.'s holdings, making the stock its 8th largest holding. AlpInvest Partners B.V.'s holdings in CrowdStrike were worth $1,317,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at $27,000. Fortitude Family Office LLC raised its position in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. lifted its position in CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC bought a new position in CrowdStrike during the fourth quarter worth about $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in CrowdStrike in the fourth quarter worth $34,000. Institutional investors own 71.16% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on CRWD. Rosenblatt Securities restated a "buy" rating and issued a $450.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Baird R W lowered CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. Wedbush boosted their price objective on CrowdStrike from $390.00 to $395.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Susquehanna increased their price target on shares of CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a report on Wednesday, March 5th. Finally, Bank of America boosted their price target on CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Two 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. According to MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and an average price target of $400.53.

CrowdStrike Trading Down 1.1 %

NASDAQ:CRWD traded down $4.22 during trading hours on Friday, reaching $375.62. The company's stock had a trading volume of 2,091,665 shares, compared to its average volume of 5,021,500. The firm has a 50-day simple moving average of $376.90 and a 200-day simple moving average of $357.06. 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 1 year low of $200.81 and a 1 year high of $455.59. The firm has a market capitalization of $93.11 billion, a price-to-earnings ratio of 736.52, a PEG ratio of 17.86 and a beta of 1.28.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the completion of the sale, the director now directly owns 805,592 shares in the company, valued at $332,218,084.88. This represents a 0.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,496 shares of the company's 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 transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 119,401 shares of company stock worth $45,119,220 in the last ninety days. 4.34% of the stock is owned by company insiders.

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.