EFG Asset Management North America Corp. Acquires 681 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

EFG Asset Management North America Corp. increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,382 shares of the company’s stock after buying an additional 681 shares during the period. EFG Asset Management North America Corp.’s holdings in CrowdStrike were worth $2,867,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CRWD. Nicolet Advisory Services LLC lifted its holdings in CrowdStrike by 38.4% during the third quarter. Nicolet Advisory Services LLC now owns 1,034 shares of the company’s stock worth $293,000 after buying an additional 287 shares during the period. Great Valley Advisor Group Inc. raised its position in shares of CrowdStrike by 184.1% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,091 shares of the company’s stock worth $1,989,000 after acquiring an additional 4,595 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of CrowdStrike by 9.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock worth $2,285,000 after acquiring an additional 684 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of CrowdStrike during the 3rd quarter worth $38,838,000. Finally, Fisher Asset Management LLC boosted its position in CrowdStrike by 17.9% during the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock valued at $626,000 after purchasing an additional 339 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wells Fargo & Company boosted their target price on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Scotiabank restated a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Susquehanna upped their price target on CrowdStrike from $400.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, March 5th. Finally, 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, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $399.51.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 17,120 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the transaction, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This represents a 2.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares in the company, valued at approximately $31,669,042. The trade was a 4.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 52,858 shares of company stock worth $21,288,706 in the last ninety days. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 2.9 %

CRWD opened at $372.64 on Tuesday. The company has a fifty day moving average of $387.16 and a two-hundred day moving average of $346.07. The stock has a market capitalization of $92.37 billion, a price-to-earnings ratio of 730.68, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

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.