Quintet Private Bank Europe S.A. Has $226,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Quintet Private Bank Europe S.A. decreased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 17.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 885 shares of the company’s stock after selling 185 shares during the period. Quintet Private Bank Europe S.A.’s holdings in CrowdStrike were worth $226,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CRWD. Morgan Stanley grew its position in shares of CrowdStrike by 124.4% during the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock worth $832,516,000 after buying an additional 2,757,251 shares during the period. Norges Bank acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $683,336,000. Pathstone Holdings LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $450,418,000. Jennison Associates LLC grew its position in CrowdStrike by 33.2% in the 4th quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock valued at $1,618,938,000 after purchasing an additional 1,581,796 shares during the period. Finally, International Assets Investment Management LLC grew its position in CrowdStrike by 22,542.6% in the 4th quarter. International Assets Investment Management LLC now owns 734,300 shares of the company’s stock valued at $187,481,000 after purchasing an additional 731,057 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD traded up $2.62 during trading on Friday, hitting $385.44. 3,415,030 shares of the company’s stock traded hands, compared to its average volume of 5,062,189. The business has a 50 day moving average of $325.25 and a 200-day moving average of $303.81. CrowdStrike Holdings, Inc. has a 12-month low of $139.37 and a 12-month high of $390.71. The stock has a market capitalization of $93.23 billion, a price-to-earnings ratio of 727.25, a PEG ratio of 19.26 and a beta of 1.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.80 and a current ratio of 1.80.

Analysts Set New Price Targets

Several analysts recently issued reports on CRWD shares. Stifel Nicolaus lifted their price target on shares of CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. KeyCorp reduced their price target on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. FBN Securities raised shares of CrowdStrike to a “strong-buy” rating in a research report on Wednesday, June 5th. Citigroup lifted their price target on shares of CrowdStrike from $320.00 to $425.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Finally, Piper Sandler restated an “overweight” rating and set a $400.00 price objective on shares of CrowdStrike in a research note on Wednesday, June 5th. One equities research analyst has rated the stock with a hold rating, thirty-seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $375.61.

Insider Activity

In other news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the sale, the chief accounting officer now directly owns 36,136 shares in the company, valued at $11,773,108.80. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares in the company, valued at $64,525,067.19. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares in the company, valued at $11,773,108.80. The disclosure for this sale can be found here. Insiders have sold a total of 317,000 shares of company stock worth $101,229,160 over the last ninety days. Company insiders own 4.34% of the company’s stock.

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.