CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Financial Counselors Inc.

Financial Counselors Inc. decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,693 shares of the company’s stock after selling 40 shares during the period. Financial Counselors Inc.’s holdings in CrowdStrike were worth $1,264,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CRWD. Raymond James Financial Inc. purchased a new stake in CrowdStrike in the 4th quarter valued at approximately $237,375,000. Amundi lifted its holdings in shares of CrowdStrike by 41.9% in the 4th quarter. Amundi now owns 1,382,952 shares of the company’s stock valued at $496,093,000 after buying an additional 408,190 shares during the period. Jennison Associates LLC lifted its holdings in shares of CrowdStrike by 6.9% in the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after buying an additional 352,180 shares during the period. Vanguard Group Inc. boosted its stake in shares of CrowdStrike by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock valued at $7,502,204,000 after buying an additional 342,294 shares in the last quarter. Finally, State Street Corp grew its holdings in 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 period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Trading Down 1.3 %

CRWD stock opened at $366.56 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $90.86 billion, a price-to-earnings ratio of 718.76, a PEG ratio of 17.86 and a beta of 1.19. The business has a fifty day simple moving average of $388.15 and a 200-day simple moving average of $347.35. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

Analysts Set New Price Targets

A number of equities research analysts have commented on CRWD shares. Mizuho raised their target price on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. Robert W. Baird reduced their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research note on Wednesday, March 5th. Needham & Company LLC reissued a “buy” rating and set a $420.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Finally, Royal Bank of Canada reiterated an “outperform” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $400.26.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 2,141 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $371.79, for a total value of $796,002.39. Following the transaction, the chief accounting officer now owns 34,024 shares in the company, valued at approximately $12,649,782.96. This trade represents a 5.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 110,801 shares of company stock valued at $42,092,255. Company insiders own 4.34% of the company’s stock.

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.