D.A. Davidson & CO. Acquires 1,052 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

D.A. Davidson & CO. grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,910 shares of the company's stock after acquiring an additional 1,052 shares during the period. D.A. Davidson & CO.'s holdings in CrowdStrike were worth $12,971,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CRWD. Castleview Partners LLC bought a new position in CrowdStrike in the third quarter worth approximately $32,000. Everence Capital Management Inc. bought a new stake in shares of CrowdStrike during the 3rd quarter valued at $527,000. Whittier Trust Co. raised its position in shares of CrowdStrike by 2,508.8% during the 3rd quarter. Whittier Trust Co. now owns 21,992 shares of the company's stock valued at $6,168,000 after purchasing an additional 21,149 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in shares of CrowdStrike by 3,278.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,764 shares of the company's stock valued at $2,738,000 after purchasing an additional 9,475 shares during the period. Finally, Telos Capital Management Inc. bought a new stake in shares of CrowdStrike during the 3rd quarter valued at $505,000. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the sale, the president now owns 389,589 shares in the company, valued at $139,655,968.83. This trade represents a 2.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company's stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,565 shares of company stock worth $51,038,529 in the last 90 days. 4.34% of the stock is owned by corporate insiders.

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Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRWD shares. The Goldman Sachs Group raised their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the company a "buy" rating in a research report on Tuesday, December 24th. Barclays raised their price objective on shares of CrowdStrike from $372.00 to $506.00 and gave the company an "overweight" rating in a research report on Friday. Stifel Nicolaus raised their price objective on shares of CrowdStrike from $400.00 to $475.00 and gave the company a "buy" rating in a research report on Wednesday. Cantor Fitzgerald raised their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the company an "overweight" rating in a research note on Thursday, November 21st. Finally, Baird R W cut shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $383.08.

CrowdStrike Trading Down 6.8 %

Shares of CRWD stock traded down $29.53 during trading hours on Friday, reaching $406.61. 5,588,416 shares of the stock were exchanged, compared to its average volume of 3,150,410. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The company's 50-day moving average price is $384.76 and its 200-day moving average price is $330.35. The firm has a market capitalization of $100.15 billion, a price-to-earnings ratio of 797.30, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.