CrowdStrike shares fell -2.0% this afternoon to a price of $203.79. The stock is still trading within range of its average target price of $200.49, and over the last 52 weeks, it has recorded a 42.0% performance. Analysts have given the large-cap Data Processing Services stock target prices ranging from $167.0 to $250.0 dollars per share, with an average rating of buy.
The stock has an average amount of shares sold short at 2.5%, and a short ratio of 1.79. The company's insiders own 2.79% 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 70.8% of CrowdStrike's shares being owned by this investor type.
Institutions Invested in CrowdStrike
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Blackrock Inc. | 7% | 16,279,607 | $3,317,621,001 |
| 2023-06-30 | Vanguard Group Inc | 6% | 14,566,817 | $2,968,571,538 |
| 2023-09-30 | Voya Investment Management LLC | 2% | 5,405,739 | $1,101,635,514 |
| 2023-09-30 | T. Rowe Price Investment Management, Inc. | 2% | 5,059,272 | $1,031,029,006 |
| 2023-09-30 | Jennison Associates LLC | 2% | 4,759,023 | $969,841,265 |
| 2023-06-30 | State Street Corporation | 2% | 4,392,861 | $895,221,113 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 4,010,133 | $817,224,977 |
| 2023-09-30 | Geode Capital Management, LLC | 1% | 3,264,181 | $665,207,424 |
| 2023-09-30 | ClearBridge Investments, LLC | 1% | 3,248,095 | $661,929,258 |
| 2023-06-30 | Renaissance Technologies, LLC | 1% | 2,861,329 | $583,110,217 |
Besides an analyst consensus of little upside potential, other market factors point to there being mixed market sentiment on CrowdStrike.
