CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by RBF Capital LLC

RBF Capital LLC decreased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 20.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,000 shares of the company's stock after selling 2,000 shares during the quarter. RBF Capital LLC's holdings in CrowdStrike were worth $2,737,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CRWD. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the 4th quarter worth $27,000. Fortitude Family Office LLC grew its holdings in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after purchasing an additional 44 shares during the period. FPC Investment Advisory Inc. increased its position in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in CrowdStrike during the fourth quarter worth about $34,000. Finally, Crowley Wealth Management Inc. acquired a new position in CrowdStrike in the 4th quarter valued at about $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 7,880 shares of the company's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $427.59, for a total value of $3,369,409.20. Following the transaction, the director now directly owns 797,712 shares in the company, valued at approximately $341,093,674.08. This represents a 0.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction dated 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 sale, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 122,375 shares of company stock valued at $46,197,236. Company insiders own 4.34% of the company's stock.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several analyst reports. Baird R W lowered shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. Evercore ISI upped their price target on CrowdStrike from $400.00 to $450.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. UBS Group cut their price objective on CrowdStrike from $450.00 to $425.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. BTIG Research raised shares of CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price on the stock in a research report on Tuesday, March 25th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $440.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $400.76.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $10.83 during trading hours on Friday, reaching $424.88. The stock had a trading volume of 3,330,958 shares, compared to its average volume of 5,053,791. 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 fifty-two week low of $200.81 and a fifty-two week high of $455.59. The firm has a 50-day moving average of $370.57 and a 200-day moving average of $360.43. The firm has a market cap of $105.32 billion, a price-to-earnings ratio of 833.11, a PEG ratio of 17.86 and a beta of 1.28.

CrowdStrike Company 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.