NTV Asset Management LLC Lowers Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

NTV Asset Management LLC cut its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 73.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,546 shares of the company's stock after selling 4,284 shares during the quarter. NTV Asset Management LLC's holdings in CrowdStrike were worth $529,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CRWD. Blue Trust Inc. grew its stake in shares of CrowdStrike by 105.6% in the third quarter. Blue Trust Inc. now owns 3,055 shares of the company's stock valued at $857,000 after acquiring an additional 1,569 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of CrowdStrike by 5.3% in the third quarter. Commonwealth Equity Services LLC now owns 188,217 shares of the company's stock valued at $52,789,000 after acquiring an additional 9,517 shares in the last quarter. Narus Financial Partners LLC acquired a new position in shares of CrowdStrike in the third quarter valued at about $293,000. Gilliland Jeter Wealth Management LLC grew its stake in shares of CrowdStrike by 45.0% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 290 shares of the company's stock valued at $81,000 after acquiring an additional 90 shares in the last quarter. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike in the third quarter valued at about $32,000. 71.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CRWD shares. KeyCorp increased their price objective on shares of CrowdStrike from $395.00 to $480.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. Cantor Fitzgerald raised their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the company an "overweight" rating in a report on Thursday, November 21st. Baird R W lowered shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. raised their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. Finally, Stifel Nicolaus raised their price target on shares of CrowdStrike from $400.00 to $475.00 and gave the stock a "buy" rating in a report on Wednesday. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $383.08.

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CrowdStrike Stock Performance

Shares of CRWD stock traded down $29.53 during trading hours on Friday, reaching $406.61. 5,588,416 shares of the company traded hands, compared to its average volume of 3,224,895. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The firm has a 50-day moving average price of $384.76 and a 200 day moving average price of $329.67. The company has a market cap of $100.15 billion, a P/E ratio of 797.30, a P/E/G ratio of 18.44 and a beta of 1.16.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the transaction, the insider now owns 94,214 shares of the company's stock, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the business's stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now directly owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,565 shares of company stock valued at $51,038,529 in the last quarter. 4.34% of the stock is currently owned by insiders.

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.