Generali Investments Towarzystwo Funduszy Inwestycyjnych Trims Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Generali Investments Towarzystwo Funduszy Inwestycyjnych lessened its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,800 shares of the company’s stock after selling 400 shares during the quarter. CrowdStrike comprises approximately 1.5% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s portfolio, making the stock its 19th largest position. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in CrowdStrike were worth $2,669,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC increased its holdings in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares during the last quarter. FPC Investment Advisory Inc. increased its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares during the last quarter. Luken Investment Analytics LLC acquired a new stake in CrowdStrike in the 4th quarter valued at approximately $34,000. Finally, Princeton Global Asset Management LLC increased its holdings in CrowdStrike by 240.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock valued at $38,000 after purchasing an additional 96 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the completion of the sale, the director now directly owns 809,266 shares of the company’s stock, valued at $282,708,984.44. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 106,565 shares of company stock valued at $40,570,629. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD opened at $380.24 on Friday. The firm has a fifty day moving average price of $386.39 and a 200 day moving average price of $333.85. 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 has a market cap of $93.66 billion, a PE ratio of 745.58, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CRWD shares. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Needham & Company LLC lifted their target price on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Morgan Stanley lifted their target price on shares of CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a report on Wednesday, February 19th. Evercore ISI lifted their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, November 25th. Finally, Barclays lifted their target price on shares of CrowdStrike from $372.00 to $506.00 and gave the company an “overweight” rating in a report on Friday, February 21st. One equities 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 assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $388.70.

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.