Dimensional Fund Advisors LP Has $96.23 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Dimensional Fund Advisors LP raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 281,215 shares of the company's stock after acquiring an additional 10,271 shares during the period. Dimensional Fund Advisors LP owned about 0.11% of CrowdStrike worth $96,234,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $27,000. Fortitude Family Office LLC raised its holdings in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after buying an additional 44 shares in the last quarter. FPC Investment Advisory Inc. raised its holdings in shares of 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 acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $34,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO George Kurtz sold 22,449 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the completion of the sale, the chief executive officer now owns 2,178,452 shares of the company's stock, valued at approximately $781,367,163.36. This represents a 1.02 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the completion of the sale, the director now directly owns 805,592 shares of the company's stock, valued at approximately $332,218,084.88. The trade was a 0.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 132,875 shares of company stock valued at $50,491,736. 4.34% of the stock is owned by insiders.

CrowdStrike Trading Down 0.4 %

NASDAQ:CRWD opened at $423.08 on Tuesday. The company has a market cap of $104.87 billion, a P/E ratio of 829.58, 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. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The business has a 50 day moving average price of $369.42 and a two-hundred day moving average price of $362.82.

Analyst Ratings Changes

CRWD has been the topic of a number of research analyst reports. Jefferies Financial Group decreased their price target on CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Royal Bank of Canada restated an "outperform" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Wedbush increased their price target on CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Needham & Company LLC restated a "buy" rating and set a $420.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, DA Davidson increased their price target on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $400.76.

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.

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