Greenwich Wealth Management LLC increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 776 shares of the company’s stock after purchasing an additional 30 shares during the quarter. Greenwich Wealth Management LLC’s holdings in CrowdStrike were worth $265,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CRWD. Jacobi Capital Management LLC boosted its position in CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after purchasing an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock valued at $675,000 after buying an additional 27 shares during the last quarter. Wintrust Investments LLC grew its stake in shares of CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock valued at $246,000 after buying an additional 29 shares in the last quarter. Synergy Financial Group LTD increased its holdings in CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after buying an additional 30 shares during the last quarter. Finally, M3 Advisory Group LLC raised its position in CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares in the last quarter. 71.16% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction 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 represents a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. This represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 95,815 shares of company stock valued at $36,730,624. 4.34% of the stock is currently owned by corporate insiders.
CrowdStrike Price Performance
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on CRWD shares. Evercore ISI boosted their price objective on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Barclays decreased their target price on CrowdStrike from $506.00 to $475.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Finally, Mizuho raised their price target on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $398.78.
Read Our Latest Report on CRWD
About CrowdStrike
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.
Recommended Stories
- Five stocks we like better than CrowdStrike
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- How to Build the Ultimate Everything ETF Portfolio
- What is the Hang Seng index?
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- 3 REITs to Buy and Hold for the Long Term
- 3 Stocks With High ROE and Market-Beating Growth Potential
Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report).
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.