CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Monetary Management Group Inc.

Monetary Management Group Inc. lessened its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 13.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,820 shares of the company's stock after selling 1,250 shares during the period. Monetary Management Group Inc.'s holdings in CrowdStrike were worth $2,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Norges Bank purchased a new stake in CrowdStrike in the 4th quarter worth approximately $1,111,542,000. Raymond James Financial Inc. acquired a new stake in CrowdStrike during the fourth quarter valued at $237,375,000. Amundi increased its holdings in CrowdStrike by 41.9% in the fourth 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 in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of CrowdStrike by 2,586.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 418,094 shares of the company's stock worth $143,055,000 after acquiring an additional 402,531 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of CrowdStrike by 36.5% during the 4th quarter. Franklin Resources Inc. now owns 1,378,856 shares of the company's stock worth $471,789,000 after acquiring an additional 368,931 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares in the company, valued at approximately $248,984,702.72. This represents a 0.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the transaction, the insider now owns 98,214 shares of the company's stock, valued at approximately $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. Over the last quarter, insiders sold 120,801 shares of company stock valued at $45,553,642. Insiders own 4.34% of the company's stock.

Remove Ads

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Morgan Stanley set a $429.00 price target on CrowdStrike in a research report on Tuesday, March 18th. Baird R W cut shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. The Goldman Sachs Group restated a "buy" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Piper Sandler set a $347.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, KeyCorp lowered their target price on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $400.88.

CrowdStrike Price Performance

CRWD stock traded up $0.76 on Monday, reaching $378.66. The company had a trading volume of 3,018,928 shares, compared to its average volume of 5,002,350. The company has a market cap of $93.86 billion, a P/E ratio of 742.49, a PEG ratio of 17.86 and a beta of 1.28. 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 1 year low of $200.81 and a 1 year high of $455.59. The company's fifty day moving average is $380.13 and its 200 day moving average is $355.34.

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.