Dnca Finance Has $6.19 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Dnca Finance lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 51.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,100 shares of the company’s stock after buying an additional 6,150 shares during the quarter. Dnca Finance’s holdings in CrowdStrike were worth $6,193,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in CrowdStrike by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock valued at $7,502,204,000 after purchasing an additional 342,294 shares during the period. Jennison Associates LLC raised its position in shares of CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after buying an additional 352,180 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of CrowdStrike by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock valued at $1,712,063,000 after buying an additional 124,984 shares during the period. Norges Bank acquired a new stake in CrowdStrike during the fourth quarter worth approximately $1,111,542,000. Finally, FMR LLC increased its stake in CrowdStrike by 15.0% during the 4th quarter. FMR LLC now owns 2,204,171 shares of the company’s stock worth $754,179,000 after acquiring an additional 287,960 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of recent analyst reports. Scotiabank reiterated a “sector perform” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Susquehanna upped their price objective on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, March 5th. BMO Capital Markets raised their target price on shares of CrowdStrike from $380.00 to $405.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Wedbush upped their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $440.00 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 assigned a hold rating, thirty have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $400.53.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the transaction, the director now directly owns 805,592 shares of the company’s stock, valued at approximately $332,218,084.88. The trade was a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,401 shares of company stock worth $45,119,220 over the last quarter. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 1.1 %

NASDAQ:CRWD opened at $375.62 on Friday. 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 quick ratio of 1.86 and a current ratio of 1.86. The firm’s fifty day moving average is $375.78 and its 200-day moving average is $357.75. The firm has a market cap of $93.11 billion, a P/E ratio of 736.52, a P/E/G ratio of 17.86 and a beta of 1.28.

About CrowdStrike

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.