CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 28.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,605 shares of the company's stock after buying an additional 11,057 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in CrowdStrike were worth $17,315,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Fulton Breakefield Broenniman LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $219,000. Moody Aldrich Partners LLC purchased a new position in CrowdStrike during the fourth quarter worth $331,000. Gateway Wealth Partners LLC raised its holdings in shares of CrowdStrike by 27.0% in the fourth quarter. Gateway Wealth Partners LLC now owns 918 shares of the company's stock worth $314,000 after acquiring an additional 195 shares during the last quarter. Kennedy Investment Group lifted its position in shares of CrowdStrike by 9.7% in the fourth quarter. Kennedy Investment Group now owns 3,381 shares of the company's stock valued at $1,157,000 after acquiring an additional 300 shares in the last quarter. Finally, Prospect Financial Services LLC boosted its stake in shares of CrowdStrike by 12.1% during the fourth quarter. Prospect Financial Services LLC now owns 2,216 shares of the company's stock valued at $758,000 after acquiring an additional 240 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 2.5 %

Shares of CrowdStrike stock traded up $9.95 on Tuesday, hitting $407.52. 2,857,217 shares of the company's stock traded hands, compared to its average volume of 3,271,180. 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 firm's 50-day moving average is $363.29 and its 200 day moving average is $312.67. The stock has a market cap of $100.38 billion, a P/E ratio of 799.07, a PEG ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $411.30.

Insiders Place Their Bets

In other news, CAO Anurag Saha sold 1,863 shares of the business's stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 18,071 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the completion of the transaction, the chief executive officer now directly owns 2,159,935 shares of the company's stock, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock valued at $38,935,113 in the last ninety days. Corporate insiders own 4.34% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on CRWD shares. Hsbc Global Res cut shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 27th. The Goldman Sachs Group raised their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a "buy" rating in a research report on Tuesday, December 24th. Scotiabank increased their price target on CrowdStrike from $300.00 to $370.00 and gave the stock a "sector perform" rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. upped their target price on CrowdStrike from $372.00 to $418.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Finally, KeyCorp raised their price target on CrowdStrike from $345.00 to $395.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $370.00.

CrowdStrike 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.