Schroder Investment Management Group Has $91.19 Million Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Schroder Investment Management Group lessened its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 266,522 shares of the company’s stock after selling 10,839 shares during the period. Schroder Investment Management Group owned 0.11% of CrowdStrike worth $91,193,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Berbice Capital Management LLC acquired a new stake in CrowdStrike in the 4th quarter valued at about $27,000. FPC Investment Advisory Inc. boosted its position 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 buying an additional 73 shares during the last quarter. Fortitude Family Office LLC increased its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. Crowley Wealth Management Inc. bought a new stake in shares of CrowdStrike during the fourth quarter worth $34,000. Finally, Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike during the fourth quarter valued at $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CRWD has been the subject of several recent research reports. BMO Capital Markets boosted their price objective on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Bank of America increased their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. DA Davidson lifted their target price on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Morgan Stanley set a $429.00 price target on CrowdStrike in a research note on Tuesday, March 18th. Finally, Wedbush lifted their price objective on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $400.26.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $357.11 on Monday. The company has a market cap of $88.52 billion, a P/E ratio of 700.23, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The stock’s 50-day simple moving average is $388.15 and its 200 day simple moving average is $349.49.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,801 shares of company stock valued at $42,092,255. 4.34% of the stock is currently owned by corporate insiders.

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.