Gilder Gagnon Howe & Co. LLC Raises Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Gilder Gagnon Howe & Co. LLC raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 10.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 169,270 shares of the company's stock after purchasing an additional 15,751 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned 0.07% of CrowdStrike worth $57,917,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of CrowdStrike by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock valued at $7,502,204,000 after buying an additional 342,294 shares during the last quarter. Jennison Associates LLC grew its position in CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock worth $1,854,843,000 after acquiring an additional 352,180 shares in the last quarter. Geode Capital Management LLC increased its position in shares of CrowdStrike by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock valued at $1,712,063,000 after purchasing an additional 124,984 shares during the last quarter. Norges Bank purchased a new stake in CrowdStrike in the 4th quarter worth about $1,111,542,000. Finally, FMR LLC boosted its stake in shares of CrowdStrike by 15.0% during the fourth quarter. FMR LLC now owns 2,204,171 shares of the company's stock valued at $754,179,000 after purchasing an additional 287,960 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Johanna Flower sold 2,974 shares of the business's stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $362.48, for a total value of $1,078,015.52. Following the sale, the director now directly owns 82,875 shares in the company, valued at $30,040,530. This trade represents a 3.46 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 122,375 shares of company stock valued at $46,197,236. Insiders own 4.34% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CRWD shares. Roth Capital started coverage on shares of CrowdStrike in a research report on Wednesday, April 23rd. They issued a "buy" rating and a $410.00 price target for the company. UBS Group lowered their target price on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating for the company in a research note on Wednesday, March 5th. Jefferies Financial Group reduced their target price on CrowdStrike from $425.00 to $410.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Citigroup reiterated a "buy" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, Canaccord Genuity Group raised their price objective on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of "Moderate Buy" and a consensus price target of $400.76.

CrowdStrike Stock Down 0.4 %

NASDAQ:CRWD traded down $1.80 during trading hours on Monday, hitting $423.08. The company's stock had a trading volume of 2,793,929 shares, compared to its average volume of 5,056,955. The stock has a market capitalization 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 current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a fifty day moving average of $369.96 and a 200-day moving average of $362.11. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

CrowdStrike 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.