Wilmington Savings Fund Society FSB bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,703 shares of the company's stock, valued at approximately $1,319,000.
Other large investors have also bought and sold shares of the company. State Street Corp grew its holdings in CrowdStrike by 2.9% during the third 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 during the period. Jennison Associates LLC increased its holdings in CrowdStrike by 25.0% in the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company's stock valued at $1,421,646,000 after purchasing an additional 1,013,161 shares during the period. Geode Capital Management LLC increased 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. Legal & General Group Plc grew its holdings in CrowdStrike by 3.0% during the 2nd 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. Finally, Ameriprise Financial Inc. grew its holdings in 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 period. 71.16% of the stock is currently owned by institutional investors.
Insider Transactions at CrowdStrike
In related news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $320.38, for a total value of $2,002,375.00. Following the transaction, the director now directly owns 821,766 shares in the company, valued at approximately $263,277,391.08. This represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the transaction, the insider now owns 174,591 shares in the company, valued at $45,521,111.43. The trade was a 2.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 144,498 shares of company stock worth $45,116,385. Company insiders own 4.34% of the company's stock.
Analyst Upgrades and Downgrades
CRWD has been the topic of a number of research analyst reports. Truist Financial increased their price objective on shares of CrowdStrike from $325.00 to $375.00 and gave the stock a "buy" rating in a research report on Monday, November 18th. Wedbush set a $330.00 target price on shares of CrowdStrike in a research report on Thursday, October 17th. Susquehanna raised their price target on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a "positive" rating in a research note on Wednesday, November 27th. Evercore ISI lifted their price objective on shares of CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a research note on Monday, November 25th. Finally, Oppenheimer boosted their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $355.80.
View Our Latest Research Report on CRWD
CrowdStrike Price Performance
Shares of CrowdStrike stock traded up $2.52 during midday trading on Friday, hitting $368.02. 3,119,049 shares of the company traded hands, compared to its average volume of 4,942,976. The stock has a market cap of $90.65 billion, a price-to-earnings ratio of 721.61, a PEG ratio of 19.48 and a beta of 1.11. 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's fifty day moving average price is $330.62 and its 200-day moving average price is $313.95. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33.
CrowdStrike Profile
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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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