CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Hillman Co.

Hillman Co. lowered its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 43.8% in the first quarter, Holdings Channel.com reports. The firm owned 49,487 shares of the company’s stock after selling 38,491 shares during the period. CrowdStrike comprises approximately 7.4% of Hillman Co.’s investment portfolio, making the stock its 7th biggest holding. Hillman Co.’s holdings in CrowdStrike were worth $15,865,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC lifted its position in shares of CrowdStrike by 38.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,956 shares of the company’s stock worth $327,000 after buying an additional 542 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in shares of CrowdStrike by 8.5% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 4,474 shares of the company’s stock worth $749,000 after purchasing an additional 350 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in shares of CrowdStrike by 289.6% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 8,006 shares of the company’s stock worth $1,340,000 after purchasing an additional 5,951 shares during the period. MFA Wealth Advisors LLC raised its holdings in shares of CrowdStrike by 140.1% in the 3rd quarter. MFA Wealth Advisors LLC now owns 5,447 shares of the company’s stock worth $912,000 after purchasing an additional 3,178 shares during the period. Finally, Vinva Investment Management Ltd raised its holdings in shares of CrowdStrike by 2.0% in the 3rd quarter. Vinva Investment Management Ltd now owns 5,553 shares of the company’s stock worth $918,000 after purchasing an additional 110 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In other news, CAO Anurag Saha sold 1,662 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $632,607.06. Following the completion of the transaction, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Burt W. Podbere sold 64,000 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $316.48, for a total value of $20,254,720.00. Following the completion of the transaction, the chief financial officer now directly owns 306,508 shares of the company’s stock, valued at $97,003,651.84. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,662 shares of the stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $632,607.06. Following the completion of the transaction, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 273,675 shares of company stock valued at $92,085,172. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. BMO Capital Markets lowered their price target on shares of CrowdStrike from $425.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, June 5th. Mizuho reduced their price objective on shares of CrowdStrike from $390.00 to $370.00 and set a “buy” rating for the company in a research note on Wednesday, June 5th. Morgan Stanley lifted their price objective on shares of CrowdStrike from $372.00 to $422.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. JPMorgan Chase & Co. lifted their price objective on shares of CrowdStrike from $371.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, May 29th. Finally, Robert W. Baird lifted their price objective on shares of CrowdStrike from $281.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $380.62.

CrowdStrike Trading Up 2.5 %

CrowdStrike stock traded up $9.33 during mid-day trading on Thursday, hitting $389.70. The company’s stock had a trading volume of 1,157,388 shares, compared to its average volume of 4,138,442. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a market cap of $94.84 billion, a price-to-earnings ratio of 737.07, a price-to-earnings-growth ratio of 19.36 and a beta of 1.08. The business has a 50 day moving average price of $335.94 and a 200-day moving average price of $311.52. CrowdStrike Holdings, Inc. has a 12 month low of $139.37 and a 12 month high of $394.64.

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.