Greenleaf Trust Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Greenleaf Trust boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 53.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,967 shares of the company's stock after buying an additional 1,033 shares during the period. Greenleaf Trust's holdings in CrowdStrike were worth $1,015,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in CrowdStrike in the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC grew its position in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after buying an additional 44 shares during the last quarter. Oakworth Capital Inc. acquired a new stake in CrowdStrike during the 3rd quarter worth $28,000. Luken Investment Analytics LLC acquired a new position in CrowdStrike in the fourth quarter valued at $34,000. Finally, Tsfg LLC grew its holdings in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after purchasing an additional 89 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRWD. Bank of America raised their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Evercore ISI upped their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a report on Monday, November 25th. Wells Fargo & Company raised their price target on CrowdStrike from $350.00 to $400.00 and gave the stock an "overweight" rating in a report on Wednesday, November 27th. Susquehanna upped their price objective on CrowdStrike from $310.00 to $400.00 and gave the company a "positive" rating in a research note on Wednesday, November 27th. Finally, Jefferies Financial Group lifted their target price on CrowdStrike from $415.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $370.00.

CrowdStrike Stock Up 1.5 %

NASDAQ CRWD traded up $6.02 during trading hours on Wednesday, hitting $413.54. 1,280,868 shares of the company were exchanged, compared to its average volume of 3,175,105. The company has a 50 day moving average of $364.15 and a two-hundred day moving average of $313.40. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $415.31. 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 firm has a market cap of $101.86 billion, a price-to-earnings ratio of 808.99, a PEG ratio of 21.13 and a beta of 1.16.

Insider Activity

In related news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company's stock, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 value of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 105,315 shares of company stock valued at $37,321,176 in the last 90 days. 4.34% of the stock is currently owned by insiders.

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.