CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Lowered by DF Dent & Co. Inc.

DF Dent & Co. Inc. cut its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 17.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 94,922 shares of the company's stock after selling 20,007 shares during the quarter. DF Dent & Co. Inc.'s holdings in CrowdStrike were worth $32,479,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of CRWD. Arete Wealth Advisors LLC lifted its holdings in shares of CrowdStrike by 3.9% in the fourth quarter. Arete Wealth Advisors LLC now owns 4,068 shares of the company's stock valued at $1,396,000 after purchasing an additional 152 shares in the last quarter. Motley Fool Asset Management LLC lifted its stake in CrowdStrike by 12.8% in the 4th quarter. Motley Fool Asset Management LLC now owns 11,124 shares of the company's stock valued at $3,806,000 after buying an additional 1,261 shares in the last quarter. World Investment Advisors lifted its stake in CrowdStrike by 84.6% in the 4th quarter. World Investment Advisors now owns 4,641 shares of the company's stock valued at $1,588,000 after buying an additional 2,127 shares in the last quarter. Biltmore Family Office LLC grew its holdings in CrowdStrike by 3.8% during the 4th quarter. Biltmore Family Office LLC now owns 1,359 shares of the company's stock valued at $465,000 after buying an additional 50 shares during the last quarter. Finally, OneAscent Financial Services LLC purchased a new position in CrowdStrike during the fourth quarter worth $211,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of analyst reports. UBS Group cut their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. Evercore ISI boosted their price target on CrowdStrike from $400.00 to $450.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $440.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. KeyCorp dropped their target price on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. Finally, Truist Financial decreased their price target on CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $400.88.

Remove Ads

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the sale, the insider now directly owns 98,214 shares of the company's stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 completion of the transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 114,551 shares of company stock valued at $43,527,642. Corporate insiders own 4.34% of the company's stock.

CrowdStrike Stock Down 7.4 %

NASDAQ CRWD traded down $25.76 on Friday, hitting $321.63. 7,015,170 shares of the stock traded hands, compared to its average volume of 4,917,060. The company has a market capitalization of $79.72 billion, a P/E ratio of 630.66, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The stock has a 50-day moving average of $387.24 and a 200 day moving average of $351.01. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59.

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.