CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 12.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,124 shares of the company's stock after purchasing an additional 1,261 shares during the period. Motley Fool Asset Management LLC's holdings in CrowdStrike were worth $3,806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Empirical Asset Management LLC purchased a new position in shares of CrowdStrike during the 4th quarter valued at about $11,310,000. Arcadia Investment Management Corp MI grew its holdings in CrowdStrike by 30.8% during the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock worth $4,090,000 after acquiring an additional 2,814 shares during the period. Greenleaf Trust raised its position in CrowdStrike by 53.4% during the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company's stock valued at $1,015,000 after acquiring an additional 1,033 shares in the last quarter. Trifecta Capital Advisors LLC lifted its holdings in CrowdStrike by 2,140.3% in the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company's stock valued at $3,066,000 after acquiring an additional 8,561 shares during the period. Finally, Fifth Third Bancorp boosted its position in CrowdStrike by 42.6% in the 4th quarter. Fifth Third Bancorp now owns 44,609 shares of the company's stock worth $15,263,000 after purchasing an additional 13,323 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. KeyCorp cut their target price on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Guggenheim reaffirmed a "neutral" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Jefferies Financial Group lowered their target price on shares of CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a research note on Monday. JPMorgan Chase & Co. lifted their price target on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. Finally, Stephens assumed coverage on CrowdStrike in a report on Tuesday. They issued an "overweight" rating and a $450.00 price target for the company. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $400.88.

CrowdStrike Trading Down 7.4 %

NASDAQ:CRWD traded down $25.76 on Friday, hitting $321.63. The stock had a trading volume of 7,015,170 shares, compared to its average volume of 4,917,054. The company has a fifty day moving average price of $387.24 and a two-hundred day moving average price of $351.01. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $79.72 billion, a price-to-earnings ratio of 630.66, a PEG ratio of 17.86 and a beta of 1.28.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares of the company's stock, valued at $34,857,130.74. This trade represents a 3.91 % 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, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the completion of the sale, the director now owns 805,592 shares in the company, valued at approximately $332,218,084.88. This trade represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 114,551 shares of company stock valued at $43,527,642. 4.34% of the stock is currently owned by company insiders.

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.