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

Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 67,457 shares of the company’s stock after purchasing an additional 481 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in CrowdStrike were worth $17,223,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tokio Marine Asset Management Co. Ltd. lifted its position in CrowdStrike by 2.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,583 shares of the company’s stock worth $934,000 after acquiring an additional 141 shares during the last quarter. CHURCHILL MANAGEMENT Corp bought a new position in shares of CrowdStrike during the 4th quarter worth about $1,228,000. Financial Counselors Inc. increased its holdings in shares of CrowdStrike by 3.9% during the 4th quarter. Financial Counselors Inc. now owns 1,346 shares of the company’s stock worth $344,000 after purchasing an additional 50 shares during the period. Ferguson Wellman Capital Management Inc. increased its stake in CrowdStrike by 17.1% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 159,202 shares of the company’s stock valued at $40,647,000 after acquiring an additional 23,265 shares during the period. Finally, Highland Capital Management LLC increased its stake in CrowdStrike by 0.6% in the fourth quarter. Highland Capital Management LLC now owns 32,455 shares of the company’s stock valued at $8,286,000 after acquiring an additional 181 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 2.0 %

NASDAQ CRWD traded up $6.05 during trading hours on Friday, reaching $304.07. 2,004,893 shares of the company’s stock were exchanged, compared to its average volume of 3,528,025. The company’s 50-day moving average is $315.21 and its two-hundred day moving average is $267.28. CrowdStrike Holdings, Inc. has a one year low of $115.67 and a one year high of $365.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. The company has a market capitalization of $73.55 billion, a price-to-earnings ratio of 845.61, a price-to-earnings-growth ratio of 11.90 and a beta of 1.05.

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRWD. Susquehanna upped their target price on shares of CrowdStrike from $330.00 to $410.00 and gave the company a “positive” rating in a research note on Thursday, March 7th. Barclays upped their target price 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. DA Davidson upped their target price on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Scotiabank raised their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a report on Wednesday, March 6th. Finally, HSBC boosted their target price on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, President Michael Sentonas sold 18,747 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $6,107,772.60. Following the sale, the president now owns 382,958 shares in the company, valued at approximately $124,767,716.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. Insiders sold a total of 223,544 shares of company stock valued at $72,113,932 in the last quarter. 5.68% of the stock is currently owned by insiders.

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.