Mediolanum International Funds Ltd Acquires 12,683 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mediolanum International Funds Ltd increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 22.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,838 shares of the company's stock after purchasing an additional 12,683 shares during the period. Mediolanum International Funds Ltd's holdings in CrowdStrike were worth $23,987,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CRWD. Strategic Investment Solutions Inc. IL purchased a new position in shares of CrowdStrike in the second quarter worth $38,000. Sanctuary Advisors LLC purchased a new position in shares of CrowdStrike in the second quarter valued at about $15,285,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of CrowdStrike during the second quarter valued at about $41,836,000. Anchor Investment Management LLC boosted its holdings in shares of CrowdStrike by 130.0% during the second quarter. Anchor Investment Management LLC now owns 230 shares of the company's stock worth $88,000 after purchasing an additional 130 shares during the period. Finally, Centaurus Financial Inc. grew its stake in shares of CrowdStrike by 211.0% in the second quarter. Centaurus Financial Inc. now owns 2,435 shares of the company's stock worth $933,000 after purchasing an additional 1,652 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the firm's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now directly owns 816,730 shares of the company's stock, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares of the company's stock, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 110,351 shares of company stock valued at $38,935,113. Company insiders own 4.34% of the company's stock.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $9.71 on Friday, hitting $406.58. 1,433,864 shares of the company's stock were exchanged, compared to its average volume of 3,190,484. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $411.30. The company has a 50-day simple moving average of $362.10 and a 200-day simple moving average of $312.84. The stock has a market capitalization of $100.14 billion, a PE ratio of 797.17, a PEG ratio of 21.08 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Analyst Ratings Changes

Several equities research analysts have weighed in on CRWD shares. Rosenblatt Securities increased their price objective on CrowdStrike from $325.00 to $385.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Morgan Stanley lifted their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the company an "overweight" rating in a report on Monday, November 18th. Truist Financial upped their price objective on shares of CrowdStrike from $375.00 to $385.00 and gave the stock a "buy" rating in a report on Tuesday, January 7th. Evercore ISI lifted their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a research note on Monday, November 25th. Finally, BNP Paribas began coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They issued a "neutral" rating and a $285.00 price target for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $369.00.

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.