CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Dudley Capital Management LLC

Dudley Capital Management LLC lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,457 shares of the company’s stock after selling 61 shares during the period. CrowdStrike accounts for approximately 1.3% of Dudley Capital Management LLC’s portfolio, making the stock its 22nd biggest position. Dudley Capital Management LLC’s holdings in CrowdStrike were worth $2,551,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Jacobi Capital Management LLC increased its holdings in CrowdStrike by 1.9% in the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after buying an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased 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 acquiring an additional 27 shares during the last quarter. Wintrust Investments LLC raised its position in shares of CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after acquiring an additional 29 shares in the last quarter. Synergy Financial Group LTD lifted its stake 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 purchasing an additional 30 shares during the last quarter. Finally, Greenwich Wealth Management LLC boosted its holdings in CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Citigroup restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Wedbush raised their price target on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Royal Bank of Canada reiterated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Mizuho raised their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $399.51.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the sale, the director now directly owns 780,592 shares in the company, valued at $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Anurag Saha sold 2,858 shares of the firm’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the completion of the transaction, the chief accounting officer now directly owns 38,201 shares in the company, valued at approximately $13,916,242.29. This represents a 6.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,858 shares of company stock worth $21,288,706 in the last quarter. 4.34% of the stock is owned by insiders.

CrowdStrike Trading Up 2.9 %

Shares of CRWD stock opened at $372.64 on Tuesday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The firm’s 50-day simple moving average is $387.16 and its 200-day simple moving average is $346.07. The firm has a market cap of $92.37 billion, a P/E ratio of 730.68, a PEG ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.