Leibman Financial Services Inc. grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 6.4% during the fourth quarter, Holdings Channel reports. The fund owned 3,200 shares of the company’s stock after purchasing an additional 192 shares during the period. Leibman Financial Services Inc.’s holdings in CrowdStrike were worth $1,095,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of CRWD. Jennison Associates LLC lifted its stake in CrowdStrike by 25.0% during the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after acquiring an additional 1,013,161 shares during the period. International Assets Investment Management LLC lifted its stake in shares of CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after buying an additional 920,695 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of CrowdStrike by 1,655.9% in the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after acquiring an additional 712,900 shares during the period. Assenagon Asset Management S.A. grew its holdings in CrowdStrike by 248.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after buying an additional 371,695 shares in the last quarter. Finally, State Street Corp boosted its position in shares of CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after acquiring an additional 275,717 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
CRWD has been the subject of a number of research analyst reports. BMO Capital Markets raised their price objective on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Morgan Stanley raised their price target on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. DA Davidson reiterated a “buy” rating and set a $310.00 target price on shares of CrowdStrike in a research report on Wednesday, September 18th. Oppenheimer raised their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 price target on shares of CrowdStrike in a research note on Monday, September 30th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $365.88.
CrowdStrike Trading Down 2.1 %
NASDAQ:CRWD opened at $341.46 on Tuesday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The firm has a market cap of $84.11 billion, a P/E ratio of 669.54, a PEG ratio of 19.48 and a beta of 1.14. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock’s 50 day simple moving average is $353.02 and its 200-day simple moving average is $312.71.
Insider Transactions at CrowdStrike
In other news, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. The trade was a 41.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 106,351 shares of company stock valued at $37,515,473 in the last ninety days. 4.34% of the stock is currently owned by company insiders.
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.
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