Siemens Fonds Invest GmbH Has $2.38 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Siemens Fonds Invest GmbH lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 37.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,967 shares of the company’s stock after buying an additional 1,893 shares during the period. Siemens Fonds Invest GmbH’s holdings in CrowdStrike were worth $2,384,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth about $27,000. FPC Investment Advisory Inc. lifted its stake in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares during the last quarter. Crowley Wealth Management Inc. acquired a new stake in CrowdStrike in the 4th quarter valued at about $34,000. Luken Investment Analytics LLC acquired a new stake in CrowdStrike in the 4th quarter valued at about $34,000. Finally, Millstone Evans Group LLC acquired a new stake in CrowdStrike in the 4th quarter valued at about $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, 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 filing with the SEC, which is available at this link. Also, CEO George Kurtz sold 55,556 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the completion of the sale, the chief executive officer now owns 2,192,610 shares in the company, valued at $981,280,679.40. This represents a 2.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 189,431 shares of company stock valued at $76,275,228 over the last three months. 3.32% of the stock is owned by insiders.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $439.26 on Friday. The company’s 50 day simple moving average is $385.84 and its 200 day simple moving average is $374.26. The stock has a market capitalization of $108.88 billion, a price-to-earnings ratio of 861.31, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several recent analyst reports. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Evercore ISI raised their target price 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 reiterated a “buy” rating on shares of CrowdStrike in a research note on Wednesday, May 7th. Bank of America raised their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $403.56.

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.