CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Decreased by Sentry Investment Management LLC

Sentry Investment Management LLC lessened its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 970 shares of the company’s stock after selling 158 shares during the quarter. Sentry Investment Management LLC’s holdings in CrowdStrike were worth $332,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRWD. Synergy Financial Group LTD raised its stake in CrowdStrike by 4.1% during the 4th quarter. Synergy Financial Group LTD now owns 4,111 shares of the company’s stock valued at $1,407,000 after purchasing an additional 161 shares during the period. Trifecta Capital Advisors LLC grew its holdings in shares of CrowdStrike by 2,140.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock valued at $3,066,000 after buying an additional 8,561 shares in the last quarter. Prasad Wealth Partners LLC acquired a new position in CrowdStrike during the fourth quarter valued at $640,000. Quartz Partners LLC lifted its stake in CrowdStrike by 18.5% in the 4th quarter. Quartz Partners LLC now owns 942 shares of the company’s stock worth $322,000 after acquiring an additional 147 shares in the last quarter. Finally, Rothschild Investment LLC boosted its position in CrowdStrike by 169.5% during the 4th quarter. Rothschild Investment LLC now owns 221 shares of the company’s stock worth $76,000 after acquiring an additional 139 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 136,565 shares of company stock worth $51,038,529. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $379.75 on Wednesday. The company’s fifty day moving average is $384.90 and its two-hundred day moving average is $333.10. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $93.54 billion, a price-to-earnings ratio of 744.62, a P/E/G ratio of 17.86 and a beta of 1.16.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CRWD. UBS Group downgraded CrowdStrike from a “buy” rating to a “cautious” rating in a report on Wednesday, February 5th. Morgan Stanley boosted their price objective on shares of CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a research report on Wednesday, February 19th. JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Oppenheimer lifted their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Finally, Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $383.08.

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.