CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Czech National Bank

Czech National Bank boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,471 shares of the company's stock after purchasing an additional 3,438 shares during the quarter. Czech National Bank's holdings in CrowdStrike were worth $17,269,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Quest Partners LLC purchased a new stake in CrowdStrike during the 2nd quarter valued at $104,000. Johnson Investment Counsel Inc. bought a new stake in shares of CrowdStrike in the 2nd quarter worth about $239,000. Wealthspire Advisors LLC lifted its holdings in shares of CrowdStrike by 9.8% in the 2nd quarter. Wealthspire Advisors LLC now owns 1,272 shares of the company's stock worth $487,000 after acquiring an additional 114 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in CrowdStrike by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 339,137 shares of the company's stock valued at $129,954,000 after purchasing an additional 21,590 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in CrowdStrike by 40.5% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 11,892 shares of the company's stock worth $4,557,000 after purchasing an additional 3,428 shares during the period. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares of the company's stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the transaction, the director now directly owns 816,730 shares of the company's stock, valued at $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 106,351 shares of company stock worth $37,515,473. 4.34% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CRWD shares. Barclays boosted their target price on CrowdStrike from $295.00 to $372.00 and gave the company an "overweight" rating in a research report on Monday, November 18th. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. JPMorgan Chase & Co. lifted their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th. Cantor Fitzgerald upped their price target on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an "overweight" rating in a report on Thursday, November 21st. Finally, Bank of America raised their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $365.88.

CrowdStrike Stock Performance

Shares of CRWD stock traded up $6.58 during mid-day trading on Tuesday, reaching $348.04. The stock had a trading volume of 2,532,572 shares, compared to its average volume of 3,812,580. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The firm has a market cap of $85.73 billion, a price-to-earnings ratio of 682.44, a PEG ratio of 19.75 and a beta of 1.11. The business's fifty day moving average is $353.83 and its 200-day moving average is $312.46.

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.