Retireful LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,635 shares of the company's stock, valued at approximately $559,000.
Other large investors have also recently bought and sold shares of the company. Beacon Financial Advisory LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at $955,000. Sumitomo Mitsui Trust Group Inc. raised its position in CrowdStrike by 10.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company's stock worth $237,331,000 after acquiring an additional 78,305 shares in the last quarter. Doliver Advisors LP lifted its holdings in CrowdStrike by 223.2% in the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company's stock valued at $1,894,000 after acquiring an additional 4,664 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its position in shares of CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company's stock valued at $124,644,000 after purchasing an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC grew its stake in shares of CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company's stock worth $1,922,000 after purchasing an additional 5,352 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on CRWD. Cantor Fitzgerald raised their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an "overweight" rating in a report on Thursday, November 21st. Barclays raised their price objective on CrowdStrike from $295.00 to $372.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. Rosenblatt Securities boosted their target price on CrowdStrike from $325.00 to $385.00 and gave the stock a "buy" rating in a research report on Monday, November 25th. Robert W. Baird increased their price target on CrowdStrike from $375.00 to $390.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Finally, Morgan Stanley boosted their price objective on CrowdStrike from $325.00 to $355.00 and gave the stock an "overweight" rating in a report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $366.38.
Get Our Latest Analysis on CRWD
CrowdStrike Stock Performance
Shares of CRWD traded down $6.38 during trading hours on Friday, reaching $357.00. 5,025,151 shares of the company traded hands, compared to its average volume of 2,957,510. 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 stock's fifty day moving average is $355.33 and its 200 day moving average is $313.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The stock has a market cap of $87.93 billion, a P/E ratio of 700.01, a price-to-earnings-growth ratio of 18.55 and a beta of 1.14.
Insider Buying and Selling at CrowdStrike
In related news, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares of the company's stock, valued at $34,857,130.74. This trade 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 through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the sale, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock valued at $38,935,113 in the last quarter. Corporate insiders own 4.34% of the company's stock.
About CrowdStrike
(
Free Report)
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.
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