Mirabella Financial Services LLP Buys New Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mirabella Financial Services LLP bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,277 shares of the company's stock, valued at approximately $778,000.

A number of other institutional investors have also added to or reduced their stakes in CRWD. Vanguard Group Inc. boosted its stake in shares of CrowdStrike by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock valued at $7,502,204,000 after purchasing an additional 342,294 shares in the last quarter. Jennison Associates LLC lifted its stake 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 purchasing an additional 352,180 shares during the last quarter. Geode Capital Management LLC boosted its position in CrowdStrike by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock valued at $1,712,063,000 after buying an additional 124,984 shares during the period. Norges Bank bought a new position in shares of CrowdStrike during the fourth quarter valued at about $1,111,542,000. Finally, FMR LLC increased its holdings in shares of CrowdStrike by 15.0% in the fourth quarter. FMR LLC now owns 2,204,171 shares of the company's stock worth $754,179,000 after buying an additional 287,960 shares during the period. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $28.30 on Thursday, hitting $414.05. 4,613,695 shares of the company's stock were exchanged, compared to its average volume of 5,034,990. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a 50-day simple moving average of $371.32 and a 200-day simple moving average of $359.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market capitalization of $102.63 billion, a PE ratio of 811.88, a PEG ratio of 17.86 and a beta of 1.28.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction 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 sale, the insider now directly owns 94,214 shares of the company's stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 122,375 shares of company stock worth $46,197,236. Corporate insiders own 4.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CRWD shares. Robert W. Baird lowered their price target on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a report on Wednesday, March 5th. Jefferies Financial Group cut their price objective on CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Canaccord Genuity Group boosted their target price on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Rosenblatt Securities reiterated a "buy" rating and issued a $450.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Bank of America raised their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and an average target price of $400.76.

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.