This afternoon we watched CrowdStrike drop -12.6% to a price of $299.91 per share. The Large-Cap Software company is now trading -25.12% below its average target price of $400.5. Analysts have set target prices ranging from $260.0 to $540.0 per share for CrowdStrike, and have given the stock an average rating of buy.
CrowdStrike has an average level of shares sold short, at 5.5% of its total share float. The stock's short ratio (also called days to cover) is 1.57. The company's insiders own 1.29% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 75.2% of CrowdStrike's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in CrowdStrike
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Blackrock Inc. | 7% | 16,130,712 | $4,837,761,894 |
| 2024-03-31 | Vanguard Group Inc | 7% | 16,061,400 | $4,816,974,532 |
| 2024-03-31 | Morgan Stanley | 3% | 5,785,798 | $1,735,218,699 |
| 2024-03-31 | Jennison Associates LLC | 2% | 5,029,777 | $1,508,480,438 |
| 2024-03-31 | State Street Corporation | 2% | 4,760,867 | $1,427,831,639 |
| 2024-03-31 | JP Morgan Chase & Company | 2% | 4,255,600 | $1,276,297,011 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 3,604,249 | $1,080,950,330 |
| 2024-03-31 | T. Rowe Price Investment Management, Inc. | 2% | 3,479,311 | $1,043,480,174 |
| 2024-03-31 | FMR, LLC | 1% | 3,045,921 | $913,502,178 |
| 2024-03-31 | Jane Street Group, LLC | 1% | 2,709,561 | $812,624,449 |
