Edmond DE Rothschild Holding S.A. Has $11.65 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Edmond DE Rothschild Holding S.A. decreased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 21.4% during the 4th quarter, HoldingsChannel reports. The fund owned 34,058 shares of the company’s stock after selling 9,274 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in CrowdStrike were worth $11,653,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Berbice Capital Management LLC acquired a new stake in CrowdStrike in the 4th quarter worth $27,000. FPC Investment Advisory Inc. lifted its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares during the period. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. Crowley Wealth Management Inc. bought a new position in CrowdStrike during the fourth quarter valued at about $34,000. Finally, Luken Investment Analytics LLC acquired a new position in CrowdStrike in the 4th quarter valued at approximately $34,000. Institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares of the company’s stock, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,801 shares of company stock worth $42,092,255. 4.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. KeyCorp lowered their price target on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Evercore ISI increased their price objective on shares of CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Jefferies Financial Group decreased their target price on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $400.26.

CrowdStrike Price Performance

Shares of CRWD stock opened at $357.11 on Monday. 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 Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The firm’s 50 day moving average price is $388.15 and its two-hundred day moving average price is $349.49. The stock has a market cap of $88.52 billion, a PE ratio of 700.23, a PEG ratio of 17.86 and a beta of 1.19.

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.