Skandinaviska Enskilda Banken AB publ Boosts Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Skandinaviska Enskilda Banken AB publ boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,779 shares of the company's stock after acquiring an additional 802 shares during the quarter. Skandinaviska Enskilda Banken AB publ's holdings in CrowdStrike were worth $18,081,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Avantax Advisory Services Inc. increased its position in CrowdStrike by 5.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 12,873 shares of the company's stock valued at $4,405,000 after acquiring an additional 612 shares during the last quarter. Great Lakes Advisors LLC increased its position in CrowdStrike by 48.6% during the fourth quarter. Great Lakes Advisors LLC now owns 1,964 shares of the company's stock valued at $672,000 after acquiring an additional 642 shares during the last quarter. Truvestments Capital LLC increased its position in CrowdStrike by 7.5% during the fourth quarter. Truvestments Capital LLC now owns 995 shares of the company's stock valued at $340,000 after acquiring an additional 69 shares during the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in CrowdStrike during the fourth quarter valued at $1,872,000. Finally, Hollencrest Capital Management increased its position in CrowdStrike by 21.7% during the fourth quarter. Hollencrest Capital Management now owns 837 shares of the company's stock valued at $286,000 after acquiring an additional 149 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Down 4.1 %

Shares of CRWD stock opened at $332.53 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year 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 stock's 50 day simple moving average is $385.81 and its two-hundred day simple moving average is $340.21. The company has a market cap of $81.91 billion, a PE ratio of 652.03, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the 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 owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock worth $38,387,254 over the last ninety days. Company insiders own 4.34% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on CRWD. Stifel Nicolaus reduced their price objective on CrowdStrike from $475.00 to $435.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. DA Davidson boosted their price target on CrowdStrike from $395.00 to $415.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. Scotiabank reissued a "sector perform" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Guggenheim reissued a "neutral" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Oppenheimer boosted their price target on CrowdStrike from $365.00 to $410.00 and gave the company an "outperform" rating in a report on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $398.78.

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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.

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