KBC Group NV increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 88.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 215,196 shares of the company's stock after buying an additional 101,157 shares during the quarter. KBC Group NV owned about 0.09% of CrowdStrike worth $73,632,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of CRWD. Berbice Capital Management LLC acquired a new stake in CrowdStrike during the fourth quarter worth about $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC boosted its position in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares in the last quarter. Tsfg LLC boosted its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after acquiring an additional 89 shares in the last quarter. Finally, Castleview Partners LLC acquired a new stake in shares of CrowdStrike during the 3rd quarter worth approximately $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.
CrowdStrike Price Performance
Shares of NASDAQ:CRWD traded down $1.17 during trading on Monday, hitting $373.75. 3,776,656 shares of the company's stock were exchanged, compared to its average volume of 2,944,316. The company has a market cap of $92.06 billion, a price-to-earnings ratio of 732.86, a PEG ratio of 20.07 and a beta of 1.14. The business's 50-day simple moving average is $358.65 and its 200 day simple moving average is $311.37. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the company. The Goldman Sachs Group raised their price objective on CrowdStrike from $372.00 to $415.00 and gave the company a "buy" rating in a research note on Tuesday, December 24th. Stifel Nicolaus lifted their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. Morgan Stanley upped their price objective on shares of CrowdStrike from $325.00 to $355.00 and gave the company an "overweight" rating in a research note on Monday, November 18th. KeyCorp upped their target price on CrowdStrike from $345.00 to $395.00 and gave the company an "overweight" rating in a research report on Friday, November 22nd. Finally, Piper Sandler upped their price target on CrowdStrike from $290.00 to $375.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and an average price target of $369.00.
Read Our Latest Stock Report on CRWD
Insider Activity at CrowdStrike
In related news, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now owns 115,798 shares of the company's stock, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares of the company's stock, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by corporate insiders.
About CrowdStrike
(
Free Report)
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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