Exane Asset Management Has $528,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Exane Asset Management lessened its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 57.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,491 shares of the company's stock after selling 2,009 shares during the quarter. CrowdStrike makes up 0.3% of Exane Asset Management's holdings, making the stock its 21st biggest position. Exane Asset Management's holdings in CrowdStrike were worth $528,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CRWD. Berbice Capital Management LLC bought a new position in shares of CrowdStrike in the 4th quarter valued at about $27,000. Fortitude Family Office LLC grew its holdings in 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 purchasing an additional 44 shares during the period. Oakworth Capital Inc. acquired a new position in CrowdStrike during the third quarter worth approximately $28,000. Luken Investment Analytics LLC bought a new stake in CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Tsfg LLC lifted its position in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company's stock valued at $29,000 after buying an additional 89 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

Shares of NASDAQ CRWD traded up $2.72 during mid-day trading on Tuesday, hitting $431.64. 2,321,899 shares of the stock traded hands, compared to its average volume of 3,169,684. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $434.78. The firm has a 50 day simple moving average of $370.16 and a two-hundred day simple moving average of $317.93. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market cap of $106.32 billion, a PE ratio of 846.37, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16.

Insider Activity

In related news, Director Sameer K. Gandhi sold 17,120 shares of CrowdStrike stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the transaction, the director now directly owns 780,592 shares of the company's stock, valued at $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company's stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 136,565 shares of company stock valued at $50,597,609. 4.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CRWD shares. Needham & Company LLC increased their price target on CrowdStrike from $360.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Oppenheimer raised their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 27th. Bank of America increased their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Barclays boosted their price objective on CrowdStrike from $295.00 to $372.00 and gave the stock an "overweight" rating in a report on Monday, November 18th. Finally, Truist Financial lifted their price target on CrowdStrike from $375.00 to $385.00 and gave the stock a "buy" rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $372.13.

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.