Lbp Am Sa Has $42.62 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Lbp Am Sa decreased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 19.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 124,553 shares of the company’s stock after selling 31,021 shares during the period. Lbp Am Sa’s holdings in CrowdStrike were worth $42,617,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter worth $27,000. FPC Investment Advisory Inc. grew its stake in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Fortitude Family Office LLC grew its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth $34,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth $42,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 4.1 %

CRWD opened at $332.53 on Friday. The stock has a market cap of $81.91 billion, a PE ratio of 652.03, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The business’s fifty day simple moving average is $385.81 and its 200 day simple moving average is $340.21.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the 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 transaction, the insider now owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were 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 of the company’s stock, valued at approximately $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock valued at $38,387,254 over the last 90 days. 4.34% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CRWD shares. Barclays reduced their target price on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. Wedbush upped their target price on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Mizuho increased their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. The Goldman Sachs Group restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $398.78.

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.