Americana Partners LLC Purchases 3,659 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Americana Partners LLC increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 317.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,811 shares of the company's stock after purchasing an additional 3,659 shares during the quarter. Americana Partners LLC's holdings in CrowdStrike were worth $1,646,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jennison Associates LLC lifted its holdings in shares of CrowdStrike by 25.0% during the third 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 holdings in shares of CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company's stock valued at $259,668,000 after acquiring an additional 920,695 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company's stock valued at $212,021,000 after acquiring an additional 712,900 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company's stock valued at $146,180,000 after acquiring an additional 371,695 shares during the period. Finally, State Street Corp lifted its holdings 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 valued at $2,701,144,000 after acquiring an additional 275,717 shares during the period. 71.16% of the stock is owned by institutional investors.

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CrowdStrike Stock Down 6.8 %

Shares of CrowdStrike stock traded down $29.53 on Friday, reaching $406.61. 5,588,416 shares of the company were exchanged, compared to its average volume of 3,224,895. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company has a market capitalization of $100.15 billion, a price-to-earnings ratio of 797.30, a PEG ratio of 18.44 and a beta of 1.16. 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 company has a 50-day moving average of $384.76 and a 200 day moving average of $329.67.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares of the company's stock, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction on 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 sale, the director now owns 42,391 shares of the company's stock, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on CRWD. Jefferies Financial Group lifted their price objective on CrowdStrike from $415.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, December 19th. Evercore ISI lifted their price objective on CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a report on Monday, November 25th. Barclays lifted their price target on CrowdStrike from $372.00 to $506.00 and gave the company an "overweight" rating in a report on Friday. Bank of America lifted their price target on CrowdStrike from $365.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $430.00 price target (up from $390.00) on shares of CrowdStrike in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $383.08.

CrowdStrike Company 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.