CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 118.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,271 shares of the company’s stock after buying an additional 2,312 shares during the period. Harvest Fund Management Co. Ltd’s holdings in CrowdStrike were worth $1,085,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Cigna Investments Inc. New increased its position in shares of CrowdStrike by 1.7% during the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock valued at $592,000 after acquiring an additional 38 shares during the last quarter. Quent Capital LLC increased its position in shares of CrowdStrike by 48.5% during 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 last quarter. Advisory Resource Group increased its position in shares of CrowdStrike by 0.7% during 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 last quarter. Blue Bell Private Wealth Management LLC increased its position in shares of CrowdStrike by 23.9% during 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 last quarter. Finally, Modus Advisors LLC increased its position in shares of CrowdStrike by 1.7% during 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 last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. UBS Group lifted their price target on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. KeyCorp lowered their price objective on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research note on Thursday, April 18th. Barclays raised their price objective on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. Wells Fargo & Company raised their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Finally, Scotiabank raised their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.87.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the transaction, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other CrowdStrike news, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the sale, the president now directly owns 382,958 shares in the company, valued at approximately $124,767,716.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following 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. In the last three months, insiders have sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is owned by company insiders.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $10.50 during trading on Tuesday, reaching $299.65. The company’s stock had a trading volume of 2,587,367 shares, compared to its average volume of 3,591,247. The company has a 50-day moving average price of $316.62 and a two-hundred day moving average price of $266.85. The firm has a market cap of $72.48 billion, a PE ratio of 832.38, a P/E/G ratio of 11.30 and a beta of 1.05. CrowdStrike Holdings, Inc. has a fifty-two week low of $115.67 and a fifty-two week high of $365.00. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32.

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

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.