Anchor Investment Management LLC Has $36,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Anchor Investment Management LLC reduced its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 43.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 130 shares of the company’s stock after selling 100 shares during the quarter. Anchor Investment Management LLC’s holdings in CrowdStrike were worth $36,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Beacon Financial Advisory LLC acquired a new stake in CrowdStrike in the 3rd quarter valued at approximately $955,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of CrowdStrike by 10.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after acquiring an additional 78,305 shares during the last quarter. Doliver Advisors LP increased its position in CrowdStrike by 223.2% during the third quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after acquiring an additional 4,664 shares during the period. DekaBank Deutsche Girozentrale raised its stake in CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after purchasing an additional 2,863 shares during the last quarter. Finally, Hemenway Trust Co LLC boosted its holdings in CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after purchasing an additional 5,352 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the transaction, the insider now directly owns 174,591 shares of the company’s stock, valued at approximately $45,521,111.43. This represents a 2.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Kurtz sold 55,325 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $296.62, for a total value of $16,410,501.50. Following the transaction, the chief executive officer now directly owns 1,109,746 shares in the company, valued at $329,172,858.52. This trade represents a 4.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 144,498 shares of company stock worth $45,116,385 over the last ninety days. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 0.7 %

NASDAQ:CRWD opened at $368.02 on Friday. The company has a market cap of $90.65 billion, a PE ratio of 721.61, a PEG ratio of 19.48 and a beta of 1.11. The stock has a 50-day simple moving average of $330.62 and a 200 day simple moving average of $313.95. 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 $398.33.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Barclays upped their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Piper Sandler lifted their price objective on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Raymond James cut their target price on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Finally, Citigroup increased their price target on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average price target of $355.80.

CrowdStrike 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.