CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Decreased by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 10.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,270 shares of the company’s stock after selling 275 shares during the period. Weatherly Asset Management L. P.’s holdings in CrowdStrike were worth $777,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $27,000. Oakworth Capital Inc. bought a new position in CrowdStrike during the 3rd quarter worth $28,000. Fortitude Family Office LLC grew its stake in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. Tsfg LLC grew its stake in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares during the last quarter. Finally, Castleview Partners LLC bought a new position in CrowdStrike during the 3rd quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $428.92 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a market cap of $105.65 billion, a price-to-earnings ratio of 841.04, a P/E/G ratio of 17.22 and a beta of 1.16. The business’s 50-day simple moving average is $368.52 and its 200-day simple moving average is $316.70. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $431.90.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CRWD shares. BMO Capital Markets upped their price objective on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. JPMorgan Chase & Co. boosted their price target on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. CICC Research began coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price target for the company. Rosenblatt Securities boosted their price target on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Finally, Stifel Nicolaus boosted their price target on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $370.00.

Insider Activity

In related news, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the transaction, the director now owns 805,592 shares of the company’s stock, valued at $332,218,084.88. This trade represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 111,565 shares of company stock valued at $39,898,614. Insiders own 4.34% of the company’s stock.

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.