CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by World Investment Advisors

World Investment Advisors boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 84.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,641 shares of the company’s stock after acquiring an additional 2,127 shares during the quarter. World Investment Advisors’ holdings in CrowdStrike were worth $1,588,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CRWD. Vanguard Group Inc. raised its stake in shares of CrowdStrike by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock valued at $7,502,204,000 after purchasing an additional 342,294 shares in the last quarter. Jennison Associates LLC increased its stake in CrowdStrike by 6.9% during the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after buying an additional 352,180 shares during the period. Geode Capital Management LLC raised its position in shares of CrowdStrike by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock worth $1,712,063,000 after buying an additional 124,984 shares in the last quarter. Norges Bank acquired a new stake in shares of CrowdStrike in the 4th quarter worth approximately $1,111,542,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of CrowdStrike by 4.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company’s stock valued at $485,551,000 after acquiring an additional 64,581 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 7.4 %

CrowdStrike stock opened at $321.63 on Friday. The company has a market capitalization of $79.72 billion, a P/E ratio of 630.66, a P/E/G ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The firm’s fifty day simple moving average is $386.18 and its 200-day simple moving average is $351.96. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research analyst reports. Royal Bank of Canada restated an “outperform” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Evercore ISI upped their price objective on CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Rosenblatt Securities reaffirmed a “buy” rating and set a $450.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target for the company in a report on Tuesday, March 25th. Finally, Baird R W cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $400.88.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 1,496 shares of the firm’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 114,551 shares of company stock worth $43,527,642 over the last three months. Corporate insiders own 4.34% of the company’s stock.

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.