Values First Advisors Inc. Cuts Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Values First Advisors Inc. decreased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 67.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 669 shares of the company’s stock after selling 1,394 shares during the period. Values First Advisors Inc.’s holdings in CrowdStrike were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Ritholtz Wealth Management lifted its position in CrowdStrike by 2.1% during the 3rd quarter. Ritholtz Wealth Management now owns 2,209 shares of the company’s stock worth $620,000 after acquiring an additional 45 shares during the period. Procyon Advisors LLC lifted its holdings in CrowdStrike by 11.0% in the third quarter. Procyon Advisors LLC now owns 1,785 shares of the company’s stock valued at $501,000 after acquiring an additional 177 shares during the period. Creative Planning boosted its position in CrowdStrike by 9.2% in the 3rd quarter. Creative Planning now owns 173,349 shares of the company’s stock worth $48,619,000 after purchasing an additional 14,609 shares in the last quarter. Prospect Financial Services LLC grew its stake in shares of CrowdStrike by 22.1% during the 3rd quarter. Prospect Financial Services LLC now owns 1,976 shares of the company’s stock worth $554,000 after purchasing an additional 357 shares during the period. Finally, Capital Advisors Wealth Management LLC increased its holdings in shares of CrowdStrike by 73.8% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 4,304 shares of the company’s stock valued at $1,207,000 after purchasing an additional 1,828 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike 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 completion of the transaction, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 17,120 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the sale, the director now owns 780,592 shares in the company, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 136,565 shares of company stock valued at $50,597,609. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 0.7 %

CRWD opened at $434.63 on Thursday. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $437.60. 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 business has a fifty day simple moving average of $371.79 and a 200-day simple moving average of $319.16. The firm has a market cap of $107.05 billion, a P/E ratio of 852.23, a P/E/G ratio of 17.22 and a beta of 1.16.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Evercore ISI increased their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. CICC Research began coverage on shares of CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 target price on the stock. Stifel Nicolaus lifted their price target on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Wells Fargo & Company increased their price target on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Finally, Oppenheimer upped their target price on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $376.00.

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.