Voya Investment Management LLC Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Voya Investment Management LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 43.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,920,901 shares of the company's stock after purchasing an additional 582,471 shares during the quarter. CrowdStrike comprises approximately 0.7% of Voya Investment Management LLC's portfolio, making the stock its 18th biggest position. Voya Investment Management LLC owned about 0.78% of CrowdStrike worth $657,106,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new position in CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC raised its position in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike in the 4th quarter valued at about $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in CrowdStrike in the fourth quarter valued at $34,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at CrowdStrike

In other news, Director Johanna Flower sold 2,974 shares of the stock in a transaction on Monday, April 21st. The shares were sold at an average price of $362.48, for a total value of $1,078,015.52. Following the completion of the transaction, the director now owns 82,875 shares in the company, valued at approximately $30,040,530. This represents a 3.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 13,543 shares of the stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the transaction, the president now directly owns 405,308 shares of the company's stock, valued at $145,351,554.96. This trade represents a 3.23 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 122,375 shares of company stock worth $46,197,236. Company insiders own 4.34% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CRWD. JPMorgan Chase & Co. increased their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. Baird R W lowered shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. Cantor Fitzgerald restated an "overweight" rating and set a $440.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. Royal Bank of Canada reissued an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Roth Capital started coverage on shares of CrowdStrike in a research note on Wednesday. They set a "buy" rating and a $410.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $400.76.

CrowdStrike Trading Up 4.8 %

NASDAQ:CRWD opened at $386.07 on Thursday. 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's 50 day moving average is $371.32 and its 200-day moving average is $359.55. The firm has a market cap of $95.70 billion, a price-to-earnings ratio of 757.02, a P/E/G ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59.

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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