Livforsakringsbolaget Skandia Omsesidigt Purchases 278 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 92.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 578 shares of the company’s stock after purchasing an additional 278 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in CrowdStrike were worth $148,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Cigna Investments Inc. New increased its holdings in shares of CrowdStrike by 1.7% during the 4th quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after purchasing an additional 38 shares during the period. Quent Capital LLC increased its stake in CrowdStrike by 48.5% in the fourth quarter. Quent Capital LLC now owns 147 shares of the company’s stock valued at $38,000 after acquiring an additional 48 shares during the period. Advisory Resource Group increased its stake in CrowdStrike by 0.7% in the third quarter. Advisory Resource Group now owns 6,670 shares of the company’s stock valued at $1,116,000 after acquiring an additional 49 shares during the period. Blue Bell Private Wealth Management LLC increased its stake in CrowdStrike by 23.9% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 254 shares of the company’s stock valued at $65,000 after acquiring an additional 49 shares during the period. Finally, Modus Advisors LLC increased its stake in CrowdStrike by 1.7% in the fourth quarter. Modus Advisors LLC now owns 2,950 shares of the company’s stock valued at $753,000 after acquiring an additional 50 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other news, CAO Anurag Saha sold 1,019 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,019 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The disclosure for this sale can be found here. Insiders sold a total of 223,544 shares of company stock valued at $72,113,932 in the last quarter. Company insiders own 5.68% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $294.10 on Friday. The firm has a 50-day moving average of $318.65 and a 200-day moving average of $262.91. CrowdStrike Holdings, Inc. has a one year low of $115.67 and a one year high of $365.00. The company has a market cap of $71.13 billion, a PE ratio of 816.97, a price-to-earnings-growth ratio of 11.75 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The company had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. As a group, equities analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CRWD shares. Mizuho boosted their price target on shares of CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Sanford C. Bernstein started coverage on shares of CrowdStrike in a research report on Thursday, January 18th. They issued an “outperform” rating and a $334.00 price target on the stock. DA Davidson boosted their price target on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Raymond James assumed coverage on shares of CrowdStrike in a research report on Tuesday, January 30th. They issued an “outperform” rating and a $330.00 price target on the stock. Finally, KeyCorp reduced their target price on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $371.87.

CrowdStrike Company 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.