CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Raised by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. 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 filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Machina Capital S.A.S. acquired a new position in CrowdStrike in the fourth quarter valued at about $304,000. RKL Wealth Management LLC grew its stake in CrowdStrike by 2.6% during the fourth quarter. RKL Wealth Management LLC now owns 8,402 shares of the company’s stock worth $2,875,000 after buying an additional 211 shares in the last quarter. West Family Investments Inc. bought a new position in shares of CrowdStrike in the fourth quarter worth about $230,000. Ashton Thomas Private Wealth LLC raised its holdings in CrowdStrike by 9.7% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 12,489 shares of the company’s stock valued at $4,273,000 after buying an additional 1,103 shares during the last quarter. Finally, Callan Family Office LLC bought a new position in CrowdStrike during the 4th quarter worth approximately $2,326,000. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In related news, CEO George Kurtz sold 18,071 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the completion of the transaction, the chief executive officer now owns 2,159,935 shares of the company’s stock, valued at approximately $776,928,619.50. The trade was a 0.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares of the company’s stock, valued at $42,629,875.72. This represents a 3.74 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 100,315 shares of company stock worth $38,387,254. 4.34% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CRWD has been the subject of several research reports. Oppenheimer lifted their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Wednesday. KeyCorp cut their price objective on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a report on Wednesday. Barclays lowered their price objective on CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Needham & Company LLC restated a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a report on Wednesday. One analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $400.10.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $333.50 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $82.14 billion, a price-to-earnings ratio of 653.93, a PEG ratio of 17.86 and a beta of 1.19. The stock’s fifty day simple moving average is $387.07 and its 200 day simple moving average is $339.05. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

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.