Swiss National Bank grew its position in CrowdStrike (NASDAQ:CRWD – Free Report) by 8.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 750,300 shares of the company’s stock after purchasing an additional 55,700 shares during the quarter. Swiss National Bank owned about 0.30% of CrowdStrike worth $382,135,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in CRWD. Nuveen LLC acquired a new position in CrowdStrike in the 1st quarter valued at $595,766,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of CrowdStrike by 52.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,771,424 shares of the company’s stock worth $977,149,000 after buying an additional 955,529 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of CrowdStrike by 4.1% in the first quarter. Vanguard Group Inc. now owns 22,834,565 shares of the company’s stock valued at $8,051,011,000 after acquiring an additional 908,554 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of CrowdStrike by 39.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,665,344 shares of the company’s stock valued at $939,747,000 after acquiring an additional 760,222 shares during the period. Finally, AGF Management Ltd. grew its stake in shares of CrowdStrike by 41,011.0% in the first quarter. AGF Management Ltd. now owns 492,921 shares of the company’s stock valued at $173,794,000 after acquiring an additional 491,722 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.
CrowdStrike Stock Down 3.7%
Shares of CRWD opened at $501.31 on Friday. CrowdStrike has a one year low of $298.00 and a one year high of $566.90. The company has a market cap of $125.81 billion, a P/E ratio of -421.27, a P/E/G ratio of 122.33 and a beta of 1.16. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a 50 day simple moving average of $506.86 and a two-hundred day simple moving average of $473.77.
Wall Street Analyst Weigh In
Several analysts have weighed in on the stock. Morgan Stanley lifted their price objective on shares of CrowdStrike from $475.00 to $515.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Citigroup reaffirmed an “outperform” rating on shares of CrowdStrike in a report on Tuesday, September 23rd. Mizuho boosted their price target on CrowdStrike from $475.00 to $540.00 and gave the company a “hold” rating in a research note on Monday. Barclays increased their price target on CrowdStrike from $515.00 to $610.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Finally, Royal Bank Of Canada lifted their price objective on CrowdStrike from $540.00 to $621.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $537.49.
Get Our Latest Stock Report on CrowdStrike
Insider Activity
In other CrowdStrike news, CFO Burt W. Podbere sold 1,957 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $550.41, for a total transaction of $1,077,152.37. Following the sale, the chief financial officer owned 218,467 shares of the company’s stock, valued at approximately $120,246,421.47. The trade was a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 10,000 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $515.00, for a total value of $5,150,000.00. Following the completion of the transaction, the president owned 354,116 shares of the company’s stock, valued at $182,369,740. The trade was a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 116,622 shares of company stock valued at $58,561,456. 3.32% 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.
Further Reading
- Five stocks we like better than CrowdStrike
- Best Stocks Under $5.00
- Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?
- How to Invest in the FAANG Stocks
- Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?
- What Investors Need to Know About Upcoming IPOs
- Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 One
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.
