CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Napean Trading & Investment Co Singapore PTE Ltd

Napean Trading & Investment Co Singapore PTE Ltd lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 52.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,215 shares of the company’s stock after selling 17,815 shares during the quarter. CrowdStrike comprises about 1.4% of Napean Trading & Investment Co Singapore PTE Ltd’s portfolio, making the stock its 24th largest holding. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in CrowdStrike were worth $5,548,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Empirical Asset Management LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at about $11,310,000. Arcadia Investment Management Corp MI boosted its stake in shares of CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after buying an additional 2,814 shares in the last quarter. Greenleaf Trust grew its holdings in CrowdStrike by 53.4% during the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after acquiring an additional 1,033 shares during the period. Trifecta Capital Advisors LLC lifted its holdings in CrowdStrike by 2,140.3% in the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock valued at $3,066,000 after acquiring an additional 8,561 shares during the period. Finally, Fifth Third Bancorp grew its stake in shares of CrowdStrike by 42.6% during the 4th quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock worth $15,263,000 after purchasing an additional 13,323 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CRWD. Jefferies Financial Group decreased their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Mizuho lifted their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Scotiabank reiterated a “sector perform” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research note on Wednesday, November 27th. Finally, Wells Fargo & Company raised their price target on CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $399.51.

CrowdStrike Stock Down 1.8 %

Shares of CrowdStrike stock opened at $362.24 on Monday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The stock has a market capitalization of $89.79 billion, a price-to-earnings ratio of 710.29, a PEG ratio of 17.86 and a beta of 1.19. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The business’s 50 day simple moving average is $386.53 and its 200-day simple moving average is $345.25.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 2,858 shares of CrowdStrike stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the transaction, the chief accounting officer now directly owns 38,201 shares in the company, valued at approximately $13,916,242.29. This trade represents a 6.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 52,858 shares of company stock worth $21,288,706. Company insiders own 4.34% of the company’s stock.

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.