GuoLine Advisory Pte Ltd Sells 28,500 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

GuoLine Advisory Pte Ltd reduced its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 34.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,600 shares of the company's stock after selling 28,500 shares during the period. CrowdStrike accounts for approximately 1.9% of GuoLine Advisory Pte Ltd's portfolio, making the stock its 21st biggest holding. GuoLine Advisory Pte Ltd's holdings in CrowdStrike were worth $18,340,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. David J Yvars Group boosted its holdings in shares of CrowdStrike by 0.5% during the 4th quarter. David J Yvars Group now owns 10,155 shares of the company's stock worth $3,475,000 after buying an additional 55 shares during the period. Signal Advisors Wealth LLC lifted its position in CrowdStrike by 17.0% during the 4th quarter. Signal Advisors Wealth LLC now owns 2,163 shares of the company's stock worth $740,000 after acquiring an additional 314 shares during the last quarter. Leibman Financial Services Inc. boosted its holdings in CrowdStrike by 6.4% during the fourth quarter. Leibman Financial Services Inc. now owns 3,200 shares of the company's stock valued at $1,095,000 after acquiring an additional 192 shares during the period. Grandview Asset Management LLC grew its position in shares of CrowdStrike by 5.4% in the fourth quarter. Grandview Asset Management LLC now owns 12,886 shares of the company's stock valued at $4,409,000 after purchasing an additional 657 shares during the last quarter. Finally, Gunderson Capital Management Inc. bought a new position in shares of CrowdStrike in the fourth quarter worth about $7,623,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of research analyst reports. Stifel Nicolaus raised their target price on CrowdStrike from $375.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Jefferies Financial Group raised their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. JPMorgan Chase & Co. upped their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Royal Bank of Canada increased their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Finally, Wells Fargo & Company boosted their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the stock an "overweight" rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $365.88.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the sale, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the sale, the director now owns 811,842 shares in the company, valued at $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 a total of 106,351 shares of company stock worth $37,515,473 over the last 90 days. Insiders own 4.34% of the company's stock.

CrowdStrike Trading Up 4.0 %

CRWD traded up $13.98 during mid-day trading on Wednesday, reaching $362.02. The stock had a trading volume of 2,876,194 shares, compared to its average volume of 2,783,851. The stock has a market capitalization of $89.17 billion, a P/E ratio of 709.86, a P/E/G ratio of 19.75 and a beta of 1.11. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The firm's fifty day simple moving average is $353.83 and its two-hundred day simple moving average is $312.46.

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.