Motley Fool Asset Management LLC Purchases 1,261 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Motley Fool Asset Management LLC grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 12.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,124 shares of the company's stock after buying an additional 1,261 shares during the quarter. 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.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its position in CrowdStrike by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock worth $7,502,204,000 after acquiring an additional 342,294 shares during the last quarter. State Street Corp boosted its stake in CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company's stock worth $2,701,144,000 after purchasing an additional 275,717 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of CrowdStrike by 6.9% during 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 increased its stake in shares of CrowdStrike by 2.6% in 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 in the last quarter. Finally, Norges Bank bought a new position in shares of CrowdStrike in the fourth quarter valued at about $1,111,542,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now owns 89,714 shares of the company's stock, valued at approximately $31,669,042. The trade was a 4.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gerhard Watzinger sold 10,000 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $359.57, for a total value of $3,595,700.00. Following the transaction, the director now directly owns 62,891 shares of the company's stock, valued at $22,613,716.87. This trade represents a 13.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 114,551 shares of company stock worth $43,527,642. Corporate insiders own 4.34% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CRWD shares. Robert W. Baird decreased their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a report on Wednesday, March 5th. Citigroup reissued a "buy" rating on shares of CrowdStrike in a report on Wednesday, February 5th. KeyCorp dropped their price objective on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their price objective on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Finally, BTIG Research upgraded CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price for the company in a research report on Tuesday, March 25th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike has a consensus rating of "Moderate Buy" and an average price target of $400.88.

CrowdStrike Stock Down 7.4 %

Shares of CrowdStrike stock traded down $25.76 during trading on Friday, reaching $321.63. The stock had a trading volume of 7,015,170 shares, compared to its average volume of 4,938,660. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $79.72 billion, a price-to-earnings ratio of 630.66, a P/E/G ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The stock has a fifty day moving average price of $386.18 and a two-hundred day moving average price of $351.96.

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.