CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Increased by Whittier Trust Co.

Whittier Trust Co. increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 11.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,472 shares of the company's stock after buying an additional 2,480 shares during the period. Whittier Trust Co.'s holdings in CrowdStrike were worth $8,373,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp grew its holdings in CrowdStrike by 2.9% in 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 during the period. Jennison Associates LLC grew its holdings in CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after purchasing an additional 352,180 shares during the period. Geode Capital Management LLC grew its holdings in CrowdStrike by 2.0% in 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 purchasing an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in CrowdStrike by 12.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company's stock worth $440,461,000 after purchasing an additional 171,861 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of CrowdStrike by 4.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company's stock valued at $485,551,000 after buying an additional 64,581 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

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CrowdStrike Stock Performance

NASDAQ:CRWD traded up $10.40 during mid-day trading on Monday, hitting $372.64. The stock had a trading volume of 4,144,121 shares, compared to its average volume of 4,768,326. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $92.37 billion, a price-to-earnings ratio of 730.68, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a 50 day simple moving average of $386.53 and a 200-day simple moving average of $345.25.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Susquehanna lifted their target price on CrowdStrike from $400.00 to $425.00 and gave the company a "positive" rating in a report on Wednesday, March 5th. The Goldman Sachs Group reiterated a "buy" rating on shares of CrowdStrike in a report on Wednesday, March 5th. KeyCorp cut their price target on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th. HSBC downgraded shares of CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price objective for the company. in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average price target of $399.51.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 2,858 shares of the business's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the completion of the transaction, the chief accounting officer now owns 38,201 shares in the company, valued at approximately $13,916,242.29. The trade was a 6.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 52,858 shares of company stock worth $21,288,706. Company insiders own 4.34% of the company's stock.

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.