CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Greenleaf Trust

Greenleaf Trust increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 53.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,967 shares of the company’s stock after purchasing an additional 1,033 shares during the quarter. Greenleaf Trust’s holdings in CrowdStrike were worth $1,015,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jennison Associates LLC boosted its holdings in shares of 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 acquiring an additional 1,013,161 shares in the last quarter. International Assets Investment Management LLC lifted its position in CrowdStrike by 17,926.3% in the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after purchasing an additional 920,695 shares during the period. Daiwa Securities Group Inc. boosted its stake in CrowdStrike by 1,655.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after purchasing an additional 712,900 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of CrowdStrike by 248.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after purchasing an additional 371,695 shares during the period. Finally, State Street Corp raised its stake 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 buying an additional 275,717 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on CRWD. Needham & Company LLC lifted their target price on CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. BMO Capital Markets boosted their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Rosenblatt Securities raised their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Citigroup upped their price target on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, CICC Research began coverage on CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective for the company. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $397.57 on Tuesday. 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 firm has a fifty day simple moving average of $362.61 and a 200-day simple moving average of $312.29. The stock has a market capitalization of $97.93 billion, a price-to-earnings ratio of 779.56, a PEG ratio of 21.13 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $411.30.

Insiders Place Their Bets

In related news, President Michael Sentonas sold 10,801 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. 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. Insiders own 4.34% of the company’s stock.

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.