CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Keeler Thomas Management LLC

Keeler Thomas Management LLC lowered its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.9% during the fourth quarter, Holdings Channel reports. The firm owned 14,117 shares of the company’s stock after selling 277 shares during the quarter. CrowdStrike makes up about 1.7% of Keeler Thomas Management LLC’s portfolio, making the stock its 28th largest holding. Keeler Thomas Management LLC’s holdings in CrowdStrike were worth $4,830,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter worth approximately $27,000. Fortitude Family Office LLC grew its position in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. increased its holdings in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the 4th quarter valued at $34,000. Finally, Princeton Global Asset Management LLC raised its position in CrowdStrike by 240.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock valued at $38,000 after purchasing an additional 96 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on CRWD. UBS Group lowered shares of CrowdStrike from a “buy” rating to a “cautious” rating in a research note on Wednesday, February 5th. Stifel Nicolaus boosted their price target on CrowdStrike from $400.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Barclays upped their price objective on CrowdStrike from $372.00 to $506.00 and gave the company an “overweight” rating in a research note on Friday. Cantor Fitzgerald lifted their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Finally, Susquehanna upped their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-eight have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $383.08.

CrowdStrike Stock Performance

Shares of CRWD opened at $391.72 on Tuesday. The firm has a market cap of $96.48 billion, a price-to-earnings ratio of 768.09, a PEG ratio of 17.86 and a beta of 1.16. 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’s 50 day moving average is $384.83 and its two-hundred day moving average is $332.12. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 30,000 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the transaction, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the sale, 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 disclosure for this sale can be found here. In the last quarter, insiders sold 136,565 shares of company stock worth $51,038,529. 4.34% of the stock is currently owned by corporate insiders.

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.