Leelyn Smith LLC Buys 386 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Leelyn Smith LLC increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,704 shares of the company’s stock after acquiring an additional 386 shares during the quarter. Leelyn Smith LLC’s holdings in CrowdStrike were worth $2,294,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. State Street Corp boosted its holdings in CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after purchasing an additional 275,717 shares during the period. Jennison Associates LLC raised its position in shares of CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after buying an additional 352,180 shares in the last quarter. Geode Capital Management LLC boosted its stake in CrowdStrike by 2.0% during the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock valued at $1,367,505,000 after buying an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in CrowdStrike by 12.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock worth $440,461,000 after buying an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in CrowdStrike by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company’s stock worth $485,551,000 after acquiring an additional 64,581 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 3.1 %

NASDAQ:CRWD opened at $364.83 on Tuesday. The company has a 50-day moving average price of $385.67 and a 200-day moving average price of $342.51. The stock has a market cap of $89.86 billion, a price-to-earnings ratio of 715.37, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CRWD shares. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a report on Wednesday, November 27th. Mizuho increased their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $420.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Truist Financial raised their price target on CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $398.78.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares of the company’s stock, valued at $31,669,042. This represents a 4.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 17,120 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,315 shares of company stock valued at $38,319,124 over the last three months. Corporate insiders own 4.34% of the company’s stock.

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.