Napean Trading & Investment Co Singapore PTE Ltd Has $5.55 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Napean Trading & Investment Co Singapore PTE Ltd reduced its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 52.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,215 shares of the company's stock after selling 17,815 shares during the quarter. CrowdStrike accounts for 1.4% of Napean Trading & Investment Co Singapore PTE Ltd's portfolio, making the stock its 24th largest position. Napean Trading & Investment Co Singapore PTE Ltd's holdings in CrowdStrike were worth $5,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings 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 worth $7,502,204,000 after purchasing an additional 342,294 shares during the last quarter. State Street Corp grew its stake in CrowdStrike by 2.9% during the third 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 increased 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 buying an additional 352,180 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of CrowdStrike by 2.0% in the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock valued at $1,367,505,000 after acquiring an additional 97,990 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of CrowdStrike by 12.3% in the 3rd 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 in the last quarter. 71.16% of the stock is owned by institutional investors.

Remove Ads

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 22,449 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the sale, the chief executive officer now owns 2,178,452 shares of the company's stock, valued at approximately $781,367,163.36. This trade represents a 1.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares of the company's stock, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 110,801 shares of company stock valued at $42,092,255. 4.34% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on CRWD shares. Truist Financial raised their price target on CrowdStrike from $385.00 to $460.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. raised their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Robert W. Baird reduced their target price on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 5th. Scotiabank reissued a "sector perform" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, HSBC cut shares of CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price objective for the company. in a research report on Wednesday, November 27th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $400.26.

CrowdStrike Stock Down 1.3 %

CRWD traded down $4.85 during trading on Thursday, reaching $366.56. The company had a trading volume of 2,660,790 shares, compared to its average volume of 4,777,020. The company has a market cap of $90.86 billion, a P/E ratio of 718.76, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The business's fifty day moving average price is $388.15 and its 200 day moving average price is $347.35.

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.