CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans reduced its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 18.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,079 shares of the company's stock after selling 16,203 shares during the period. Thrivent Financial for Lutherans' holdings in CrowdStrike were worth $25,006,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CRWD. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the fourth quarter worth $27,000. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% during 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. FPC Investment Advisory Inc. lifted its holdings in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike in the fourth quarter worth about $34,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of CrowdStrike during the 4th quarter valued at approximately $42,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 2,858 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the completion of the sale, the chief accounting officer now owns 38,201 shares in the company, valued at $13,916,242.29. This represents a 6.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the sale, the director now directly owns 811,842 shares of the company's stock, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 52,858 shares of company stock worth $21,288,706 in the last ninety days. 4.34% of the stock is owned by corporate insiders.

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Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CRWD. DA Davidson lifted their price objective on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Needham & Company LLC restated a "buy" rating and set a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Hsbc Global Res downgraded CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 27th. Baird R W lowered CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. Finally, Morgan Stanley began coverage on CrowdStrike in a research note on Tuesday, March 18th. They issued an "overweight" rating for the company. Two investment 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 given a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and a consensus price target of $399.51.

CrowdStrike Stock Up 2.9 %

CrowdStrike stock traded up $10.40 during mid-day trading on Monday, hitting $372.64. The company had a trading volume of 4,143,874 shares, compared to its average volume of 4,768,321. The stock has a market cap of $92.37 billion, a price-to-earnings ratio of 730.68, a PEG ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The business has a fifty day moving average of $386.53 and a 200 day moving average of $345.25.

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.