Vision Capital Management Inc. Makes New $240,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Vision Capital Management Inc. purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 700 shares of the company's stock, valued at approximately $240,000.

Other large investors also recently made changes to their positions in the company. State Street Corp raised its holdings in CrowdStrike by 2.9% during the 3rd 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 period. Jennison Associates LLC increased its position in shares of CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock worth $1,854,843,000 after acquiring an additional 352,180 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of CrowdStrike by 2.0% during 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position 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 valued at $440,461,000 after acquiring an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in CrowdStrike by 1.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company's stock worth $379,895,000 after purchasing an additional 20,899 shares during the period. Institutional investors own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several recent analyst reports. Stifel Nicolaus raised their target price on CrowdStrike from $375.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, December 18th. Oppenheimer raised their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an "outperform" rating in a report on Wednesday, November 27th. Truist Financial increased their target price on shares of CrowdStrike from $375.00 to $385.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. Citigroup boosted their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a report on Friday, January 17th. Finally, CICC Research started coverage on CrowdStrike in a research report on Monday, November 18th. They set a "market perform" rating and a $295.00 price objective for the company. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $370.00.

CrowdStrike Stock Performance

CrowdStrike stock traded up $1.08 on Friday, hitting $421.59. The company's stock had a trading volume of 3,496,413 shares, compared to its average volume of 3,201,230. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $431.33. The firm has a market cap of $103.84 billion, a P/E ratio of 826.66, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. 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 company has a fifty day moving average price of $368.52 and a 200-day moving average price of $316.29.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the sale, the director now directly owns 805,592 shares in the company, valued at $332,218,084.88. This represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now directly owns 389,589 shares of the company's stock, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 111,565 shares of company stock valued at $39,898,614 over the last quarter. 4.34% of the stock is owned by company insiders.

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.