Trivest Advisors Ltd Has $59.88 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Trivest Advisors Ltd raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 34.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 175,000 shares of the company's stock after purchasing an additional 45,000 shares during the quarter. CrowdStrike accounts for approximately 2.7% of Trivest Advisors Ltd's investment portfolio, making the stock its 12th largest holding. Trivest Advisors Ltd owned approximately 0.07% of CrowdStrike worth $59,878,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CRWD. Jacobi Capital Management LLC grew its stake 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 purchasing an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its holdings in shares of CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after purchasing an additional 27 shares during the period. Wintrust Investments LLC lifted its holdings in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company's stock worth $246,000 after purchasing an additional 29 shares during the period. Synergy Financial Group LTD lifted its holdings in shares of 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 period. Finally, Greenwich Wealth Management LLC lifted its holdings in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock worth $265,000 after purchasing an additional 30 shares during the period. 71.16% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the firm's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Burt W. Podbere sold 11,217 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.14, for a total value of $4,017,256.38. Following the completion of the transaction, the chief financial officer now owns 290,711 shares in the company, valued at $104,115,237.54. The trade was a 3.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,315 shares of company stock worth $38,319,124. Corporate insiders own 4.34% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CRWD shares. HSBC cut CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price objective for the company. in a research report on Wednesday, November 27th. Scotiabank restated a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Morgan Stanley started coverage on CrowdStrike in a research report on Tuesday. They issued an "overweight" rating for the company. Cantor Fitzgerald restated an "overweight" rating and issued a $440.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Oppenheimer boosted their price objective on CrowdStrike from $365.00 to $410.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $399.51.

CrowdStrike Stock Down 1.8 %

Shares of NASDAQ:CRWD traded down $6.79 during midday trading on Friday, hitting $362.24. 8,116,345 shares of the stock were exchanged, compared to its average volume of 4,762,152. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The business's fifty day simple moving average is $386.53 and its two-hundred day simple moving average is $344.11. The company has a market capitalization of $89.79 billion, a PE ratio of 710.29, a P/E/G ratio of 17.86 and a beta of 1.19.

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.