CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by BIT Capital GmbH

BIT Capital GmbH boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 149.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 439 shares of the company’s stock after purchasing an additional 263 shares during the period. BIT Capital GmbH’s holdings in CrowdStrike were worth $150,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Empirical Asset Management LLC acquired a new position in CrowdStrike in the fourth quarter valued at approximately $11,310,000. Arcadia Investment Management Corp MI grew its holdings in shares of CrowdStrike by 30.8% during the 4th quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock worth $4,090,000 after purchasing an additional 2,814 shares during the period. Greenleaf Trust increased its position in shares of CrowdStrike by 53.4% during the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after purchasing an additional 1,033 shares during the last quarter. Trifecta Capital Advisors LLC raised its holdings in CrowdStrike by 2,140.3% in the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock valued at $3,066,000 after buying an additional 8,561 shares during the period. Finally, Fifth Third Bancorp lifted its position in CrowdStrike by 42.6% in the fourth quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock valued at $15,263,000 after buying an additional 13,323 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Price Performance

CRWD opened at $371.41 on Thursday. The stock has a fifty day moving average price of $388.08 and a 200 day moving average price of $347.22. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The stock has a market cap of $92.06 billion, a price-to-earnings ratio of 728.27, a PEG ratio of 17.86 and a beta of 1.19.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the sale, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. The trade was a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 110,801 shares of company stock valued at $42,092,255. 4.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of recent analyst reports. Canaccord Genuity Group lifted their price target on shares of CrowdStrike from $370.00 to $420.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Barclays dropped their target price on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. Raymond James cut CrowdStrike from an “outperform” rating to a “cautious” rating in a research note on Monday, March 10th. Susquehanna boosted their price objective on CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a report on Wednesday, March 5th. Finally, Needham & Company LLC restated a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $400.26.

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.