J. Safra Sarasin Holding AG Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

J. Safra Sarasin Holding AG grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 43.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,644 shares of the company's stock after acquiring an additional 9,295 shares during the quarter. J. Safra Sarasin Holding AG's holdings in CrowdStrike were worth $10,485,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter valued at $27,000. Fortitude Family Office LLC lifted 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 valued at $28,000 after buying an additional 44 shares during the period. FPC Investment Advisory Inc. boosted its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after buying an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in CrowdStrike during the fourth quarter valued at approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new position in CrowdStrike in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, 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 a total of 122,375 shares of company stock valued at $46,197,236 in the last three months. 4.34% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. Truist Financial dropped their price target on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. DA Davidson raised their price objective on CrowdStrike from $395.00 to $415.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. Raymond James lowered shares of CrowdStrike from an "outperform" rating to a "cautious" rating in a research note on Monday, March 10th. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, Susquehanna raised their target price on CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $400.76.

CrowdStrike Trading Up 2.6 %

Shares of CRWD stock traded up $10.83 on Friday, hitting $424.88. The stock had a trading volume of 3,330,507 shares, compared to its average volume of 5,041,694. The company's 50 day moving average price is $370.57 and its 200-day moving average price is $360.43. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. 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 firm has a market capitalization of $105.32 billion, a P/E ratio of 833.11, a P/E/G ratio of 17.86 and a beta of 1.28.

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.