Quadrant Capital Group LLC Purchases 85 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Quadrant Capital Group LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 806 shares of the company’s stock after purchasing an additional 85 shares during the period. Quadrant Capital Group LLC’s holdings in CrowdStrike were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of CrowdStrike by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock worth $7,502,204,000 after acquiring an additional 342,294 shares during the last quarter. Jennison Associates LLC lifted its position in shares of CrowdStrike by 6.9% during the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after purchasing an additional 352,180 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of CrowdStrike by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock valued at $1,712,063,000 after purchasing an additional 124,984 shares during the period. Norges Bank purchased a new stake in shares of CrowdStrike during the fourth quarter valued at $1,111,542,000. Finally, Charles Schwab Investment Management Inc. grew 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 worth $485,551,000 after purchasing an additional 64,581 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the completion of the transaction, the director now owns 768,092 shares of the company’s stock, valued at approximately $248,984,702.72. This represents a 0.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,801 shares of company stock valued at $45,553,642. 4.34% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CRWD shares. Raymond James lowered CrowdStrike from an “outperform” rating to a “cautious” rating in a report on Monday, March 10th. Jefferies Financial Group lowered their target price on CrowdStrike from $425.00 to $410.00 and set a “buy” rating for the company in a report on Monday, March 31st. Truist Financial cut their price target on CrowdStrike from $460.00 to $450.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $400.88.

CrowdStrike Stock Up 0.2 %

Shares of CRWD opened at $325.04 on Wednesday. The company has a market capitalization of $80.57 billion, a price-to-earnings ratio of 637.35, a PEG ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The stock’s 50-day moving average price is $382.08 and its 200-day moving average price is $352.87. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.