This afternoon we watched CrowdStrike drop -3.5% to a price of $145.52 per share. The large-cap Software company is now trading -18.27% below its average target price of $178.05. Analysts have set target prices ranging from $128.0 to $235.0 per share for CrowdStrike, and have given the stock an average rating of buy.
The stock has an average amount of shares sold short at 3.4%, and a short ratio of 1.52. The company's insiders own 3.06% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 73.2% of CrowdStrike's shares being owned by this investor type.
Institutions Invested in CrowdStrike
|2023-03-31||Vanguard Group, Inc. (The)||6%||14,416,730||$2,097,922,611|
|2023-03-31||Jennison Associates LLC||2%||4,869,221||$708,569,060|
|2023-03-31||Voya Investment Management LLC||2%||4,769,237||$694,019,388|
|2023-03-31||State Street Corporation||2%||4,322,377||$628,992,319|
|2023-03-31||T. Rowe Price Investment Management, Inc.||2%||3,739,219||$544,131,164|
|2023-03-31||JP Morgan Chase & Company||2%||3,693,027||$537,409,304|
|2023-03-31||ClearBridge Investments, LLC||1%||3,297,552||$479,859,781|
|2023-03-31||Geode Capital Management, LLC||1%||3,063,464||$445,795,294|
|2023-03-31||Renaissance Technologies, LLC||1%||2,790,400||$406,059,019|
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on CrowdStrike.