State of Wyoming Has $274,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

State of Wyoming boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2,191.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 802 shares of the company’s stock after buying an additional 767 shares during the period. State of Wyoming’s holdings in CrowdStrike were worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CRWD. BTIG Research reiterated a “buy” rating on shares of CrowdStrike in a report on Thursday. Evercore ISI raised their price target on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Bank of America boosted their price target on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Stephens initiated coverage on shares of CrowdStrike in a research report on Tuesday, April 1st. They set an “overweight” rating and a $450.00 price objective on the stock. Finally, DZ Bank downgraded shares of CrowdStrike from a “buy” rating to a “sell” rating and set a $370.00 target price for the company. in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $403.83.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $444.07 on Friday. The company’s fifty day moving average is $393.19 and its two-hundred day moving average is $378.11. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $110.07 billion, a price-to-earnings ratio of 870.74, a P/E/G ratio of 17.86 and a beta of 1.22.

Insider Activity

In related news, CAO Anurag Saha sold 1,496 shares of the business’s stock in a transaction dated Friday, March 21st. The stock was 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 in the company, valued at $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Burt W. Podbere sold 16,000 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $436.88, for a total value of $6,990,080.00. Following the completion of the sale, the chief financial officer now owns 249,653 shares of the company’s stock, valued at $109,068,402.64. This represents a 6.02% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 185,431 shares of company stock valued at $74,472,548. Insiders own 3.32% of the company’s stock.

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.