Goldstream Capital Management Ltd Has $8.93 Million Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Goldstream Capital Management Ltd lowered its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 3.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,093 shares of the company's stock after selling 925 shares during the quarter. CrowdStrike makes up approximately 2.5% of Goldstream Capital Management Ltd's holdings, making the stock its 9th largest position. Goldstream Capital Management Ltd's holdings in CrowdStrike were worth $8,928,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CRWD. Advisory Resource Group boosted its position in shares of CrowdStrike by 37.9% during the third quarter. Advisory Resource Group now owns 4,025 shares of the company's stock worth $1,129,000 after buying an additional 1,106 shares during the period. Westside Investment Management Inc. boosted its position in CrowdStrike by 44.7% during the 3rd quarter. Westside Investment Management Inc. now owns 4,988 shares of the company's stock worth $1,397,000 after acquiring an additional 1,542 shares during the period. SOA Wealth Advisors LLC. grew its stake in shares of CrowdStrike by 25.5% in the third quarter. SOA Wealth Advisors LLC. now owns 241 shares of the company's stock worth $68,000 after purchasing an additional 49 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its holdings in shares of CrowdStrike by 6.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 3,865 shares of the company's stock valued at $1,084,000 after purchasing an additional 236 shares during the period. Finally, World Investment Advisors LLC raised its stake in shares of CrowdStrike by 24.7% during the third quarter. World Investment Advisors LLC now owns 2,514 shares of the company's stock valued at $705,000 after purchasing an additional 498 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $28.30 during mid-day trading on Thursday, hitting $414.05. The company had a trading volume of 4,613,695 shares, compared to its average volume of 5,035,002. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The firm has a market cap of $102.63 billion, a P/E ratio of 811.88, a PEG ratio of 17.86 and a beta of 1.28. The business's 50-day simple moving average is $371.32 and its 200-day simple moving average is $359.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 2,547 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $365.96, for a total transaction of $932,100.12. Following the completion of the transaction, the insider now directly owns 82,071 shares of the company's stock, valued at $30,034,703.16. This trade represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 122,375 shares of company stock valued at $46,197,236. 4.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CRWD shares. Royal Bank of Canada reissued an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. BMO Capital Markets upped their target price on CrowdStrike from $380.00 to $405.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Barclays lowered their price target on CrowdStrike from $506.00 to $475.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th. Westpark Capital restated a "hold" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Jefferies Financial Group lowered their target price on CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus price target of $400.76.

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.