CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,641 shares of the company’s stock after purchasing an additional 1,780 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in CrowdStrike were worth $21,004,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Berbice Capital Management LLC bought a new position in CrowdStrike during the fourth quarter valued at about $27,000. Fortitude Family Office LLC boosted its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares in the last quarter. FPC Investment Advisory Inc. boosted its holdings in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Ashton Thomas Securities LLC bought a new position in CrowdStrike in the 3rd quarter worth approximately $38,000. 71.16% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 11,217 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.14, for a total value of $4,017,256.38. Following the completion of the transaction, the chief financial officer now owns 290,711 shares in the company, valued at $104,115,237.54. This represents a 3.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the completion of the transaction, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 100,315 shares of company stock worth $38,387,254. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. BMO Capital Markets upped their target price on shares of CrowdStrike from $380.00 to $405.00 and gave the company an “outperform” rating in a research report on Wednesday. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Wednesday. Rosenblatt Securities reiterated a “buy” rating and issued a $450.00 target price on shares of CrowdStrike in a research note on Wednesday. Morgan Stanley raised their target price on shares of CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a research note on Wednesday, February 19th. Finally, Evercore ISI lifted their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $400.10.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $333.50 on Friday. The firm has a market cap of $82.14 billion, a price-to-earnings ratio of 653.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The firm’s fifty day moving average price is $387.07 and its 200 day moving average price is $339.05. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.