Maryland State Retirement & Pension System Has $4.23 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Maryland State Retirement & Pension System lessened its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,371 shares of the company's stock after selling 709 shares during the quarter. Maryland State Retirement & Pension System's holdings in CrowdStrike were worth $4,233,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. State Street Corp lifted its stake in shares of CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock worth $2,701,144,000 after buying an additional 275,717 shares during the last quarter. Jennison Associates LLC raised its holdings in CrowdStrike by 6.9% in the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after acquiring an additional 352,180 shares during the period. Geode Capital Management LLC lifted its position in CrowdStrike by 2.0% during the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock worth $1,367,505,000 after acquiring an additional 97,990 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of CrowdStrike by 12.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company's stock worth $440,461,000 after acquiring an additional 171,861 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of CrowdStrike by 4.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company's stock valued at $485,551,000 after purchasing an additional 64,581 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

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Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the company's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares of the company's stock, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock valued at $38,319,124 over the last 90 days. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on CRWD. Canaccord Genuity Group lifted their price target on CrowdStrike from $370.00 to $420.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. Wedbush boosted their target price on shares of CrowdStrike from $390.00 to $395.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Mizuho raised their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Barclays cut their price objective on shares of CrowdStrike from $506.00 to $475.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Finally, Jefferies Financial Group decreased their target price on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus price target of $399.51.

CrowdStrike Trading Down 1.8 %

CRWD traded down $6.79 during trading on Friday, reaching $362.24. 8,116,345 shares of the company's stock were exchanged, compared to its average volume of 4,770,828. 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 one year low of $200.81 and a one year high of $455.59. The firm has a fifty day moving average price of $386.53 and a two-hundred day moving average price of $344.65. The stock has a market capitalization of $89.79 billion, a PE ratio of 710.29, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

CrowdStrike Company 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.