Sender Co & Partners Inc. Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sender Co & Partners Inc. bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,260 shares of the company's stock, valued at approximately $1,195,000. CrowdStrike accounts for about 1.5% of Sender Co & Partners Inc.'s holdings, making the stock its 18th largest holding.

Several other institutional investors have also added to or reduced their stakes in CRWD. State Street Corp increased its holdings in shares of CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock worth $2,701,144,000 after purchasing an additional 275,717 shares in the last quarter. Jennison Associates LLC increased its holdings in 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 buying an additional 1,013,161 shares during the last quarter. Legal & General Group Plc raised its position in CrowdStrike by 3.0% in the second quarter. Legal & General Group Plc now owns 2,049,704 shares of the company's stock worth $785,425,000 after acquiring an additional 60,607 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of CrowdStrike by 4.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company's stock worth $696,471,000 after acquiring an additional 77,100 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of CrowdStrike by 47.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company's stock valued at $671,828,000 after acquiring an additional 564,662 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Gerhard Watzinger sold 30,000 shares of the firm'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 transaction of $10,467,900.00. Following the sale, the director now owns 42,391 shares of the company's stock, valued at $14,791,491.63. This trade represents a 41.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the completion of the transaction, the director now owns 809,266 shares of the company's stock, valued at approximately $282,708,984.44. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 144,498 shares of company stock valued at $45,116,385 over the last quarter. 4.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wells Fargo & Company raised their price objective on CrowdStrike from $350.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 27th. Barclays increased their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. Cantor Fitzgerald increased their target price on CrowdStrike from $350.00 to $370.00 and gave the stock an "overweight" rating in a research report on Thursday, November 21st. Bank of America upped their price target on CrowdStrike from $365.00 to $400.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. Finally, Scotiabank reduced their price objective on shares of CrowdStrike from $300.00 to $265.00 and set a "sector perform" rating on the stock in a research report on Wednesday, August 14th. One 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 company's stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average target price of $355.80.

CrowdStrike Stock Performance

CRWD stock traded down $4.49 during midday trading on Tuesday, reaching $349.11. The stock had a trading volume of 1,451,562 shares, compared to its average volume of 4,963,907. 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 has a fifty day simple moving average of $324.38 and a two-hundred day simple moving average of $313.39. The stock has a market cap of $85.99 billion, a PE ratio of 693.33, a P/E/G ratio of 19.63 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.

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.