Householder Group Estate & Retirement Specialist LLC Decreases Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Householder Group Estate & Retirement Specialist LLC cut its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 69.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 697 shares of the company's stock after selling 1,555 shares during the quarter. Householder Group Estate & Retirement Specialist LLC's holdings in CrowdStrike were worth $238,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp increased its position in CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock valued at $2,701,144,000 after buying an additional 275,717 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company's stock valued at $1,421,646,000 after acquiring an additional 1,013,161 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of CrowdStrike by 2.0% during the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock valued at $1,367,505,000 after acquiring an additional 97,990 shares in the last quarter. Legal & General Group Plc raised its position in shares of CrowdStrike by 3.0% in the 2nd quarter. Legal & General Group Plc now owns 2,049,704 shares of the company's stock worth $785,425,000 after purchasing an additional 60,607 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in CrowdStrike by 4.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company's stock worth $696,471,000 after purchasing an additional 77,100 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the company's stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company's stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 10,801 shares of the business's 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 of the company's stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock worth $38,935,113 in the last 90 days. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Down 1.8 %

CrowdStrike stock traded down $6.38 during mid-day trading on Friday, hitting $357.00. The company's stock had a trading volume of 5,025,151 shares, compared to its average volume of 2,670,549. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The stock has a market cap of $87.93 billion, a PE ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14. The company has a 50 day moving average of $355.86 and a 200-day moving average of $312.92. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a report on Monday, November 25th. Rosenblatt Securities boosted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Susquehanna increased their target price on CrowdStrike from $310.00 to $400.00 and gave the company a "positive" rating in a research note on Wednesday, November 27th. Oppenheimer boosted their price target on CrowdStrike from $365.00 to $410.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $366.38.

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.