CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Trimmed by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 60.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,000 shares of the company’s stock after selling 9,150 shares during the period. New Age Alpha Advisors LLC’s holdings in CrowdStrike were worth $2,053,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in CRWD. Jacobi Capital Management LLC grew its holdings in CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after buying an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in shares of CrowdStrike by 1.4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after purchasing an additional 27 shares in the last quarter. Wintrust Investments LLC increased its holdings in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock valued at $246,000 after purchasing an additional 29 shares during the period. Synergy Financial Group LTD raised its stake in shares of CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares in the last quarter. Finally, Greenwich Wealth Management LLC lifted its holdings in CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock worth $265,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $357.11 on Friday. The firm has a market cap of $88.52 billion, a price-to-earnings ratio of 700.23, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. 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 business has a fifty day simple moving average of $388.15 and a 200 day simple moving average of $348.82.

Analysts Set New Price Targets

Several equities analysts have commented on CRWD shares. Bank of America raised their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Jefferies Financial Group dropped their target price on CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Susquehanna increased their price target on CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price objective on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $400.26.

Insiders Place Their Bets

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,801 shares of company stock valued at $42,092,255 in the last three months. Insiders own 4.34% of the company’s stock.

CrowdStrike 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.