Western Financial Corp CA Sells 116 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Western Financial Corp CA decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,987 shares of the company’s stock after selling 116 shares during the period. Western Financial Corp CA’s holdings in CrowdStrike were worth $1,364,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CRWD. Empirical Asset Management LLC bought a new position in shares of CrowdStrike during the 4th quarter worth $11,310,000. Beacon Financial Advisory LLC bought a new position in CrowdStrike during the third quarter worth about $955,000. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of 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 purchasing an additional 78,305 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of CrowdStrike by 0.7% in the third 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 during the period. Finally, Hemenway Trust Co LLC lifted its stake in shares of CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after buying an additional 5,352 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the transaction, the insider now owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of recent research reports. Needham & Company LLC lifted their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group lifted their price target on CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. JPMorgan Chase & Co. increased their price objective on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Robert W. Baird lifted their target price on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $369.00.

CrowdStrike Stock Up 0.3 %

Shares of NASDAQ CRWD opened at $398.07 on Friday. The firm’s fifty day moving average is $362.61 and its 200 day moving average is $312.98. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $411.30. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $98.05 billion, a price-to-earnings ratio of 780.54, a PEG ratio of 21.08 and a beta of 1.14.

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.