Bank Julius Baer & Co. Ltd Zurich Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Bank Julius Baer & Co. Ltd Zurich raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 67,457 shares of the company’s stock after acquiring an additional 481 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in CrowdStrike were worth $17,223,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of CrowdStrike by 2.6% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,583 shares of the company’s stock valued at $934,000 after acquiring an additional 141 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new position in shares of CrowdStrike during the 4th quarter valued at about $1,228,000. Financial Counselors Inc. raised its holdings in shares of CrowdStrike by 3.9% during the 4th quarter. Financial Counselors Inc. now owns 1,346 shares of the company’s stock valued at $344,000 after buying an additional 50 shares in the last quarter. Ferguson Wellman Capital Management Inc. raised its holdings in shares of CrowdStrike by 17.1% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 159,202 shares of the company’s stock valued at $40,647,000 after buying an additional 23,265 shares in the last quarter. Finally, Highland Capital Management LLC grew its position in CrowdStrike by 0.6% during the 4th quarter. Highland Capital Management LLC now owns 32,455 shares of the company’s stock worth $8,286,000 after acquiring an additional 181 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 other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares of the company’s stock, valued at $76,851,722.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Shawn Henry sold 14,815 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the completion of the transaction, the insider now owns 235,850 shares of the company’s stock, valued at $76,851,722.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $331,990.20. Following the completion of the sale, the chief accounting officer now owns 36,136 shares in the company, valued at $11,773,108.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 223,544 shares of company stock valued at $72,113,932. Company insiders own 5.68% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD traded up $6.05 during trading hours on Friday, hitting $304.07. The stock had a trading volume of 2,004,893 shares, compared to its average volume of 3,528,025. 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 Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The firm has a market capitalization of $73.55 billion, a PE ratio of 845.61, a PEG ratio of 11.90 and a beta of 1.05. The stock has a fifty day moving average price of $315.21 and a 200 day moving average price of $267.28.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The company had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. Analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent analyst reports. Piper Sandler lifted their price objective on CrowdStrike from $300.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 6th. Morgan Stanley lifted their price target on CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a research report on Wednesday, March 13th. Scotiabank lifted their price target on CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 6th. Canaccord Genuity Group lifted their price target on CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Finally, HSBC lifted their price target on CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $371.87.

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.