CHICAGO TRUST Co NA Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

CHICAGO TRUST Co NA grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,218 shares of the company’s stock after buying an additional 80 shares during the period. CHICAGO TRUST Co NA’s holdings in CrowdStrike were worth $417,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Abich Financial Wealth Management LLC acquired a new stake in CrowdStrike during the 2nd quarter worth about $25,000. Oakworth Capital Inc. purchased a new stake in CrowdStrike in the third quarter valued at approximately $28,000. Fortitude Family Office LLC increased its holdings in 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 buying an additional 44 shares during the period. Tsfg LLC raised its position 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 acquired a new stake in CrowdStrike during the 3rd quarter valued at approximately $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Price Performance

Shares of CRWD stock opened at $341.46 on Tuesday. The firm’s 50-day moving average is $353.02 and its two-hundred day moving average is $312.71. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market capitalization of $84.11 billion, a PE ratio of 669.54, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the sale, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This trade represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 106,351 shares of company stock valued at $37,515,473. 4.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. JMP Securities reissued a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. Hsbc Global Res lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Canaccord Genuity Group restated a “buy” rating and issued a $330.00 target price on shares of CrowdStrike in a research note on Monday, September 30th. Robert W. Baird lifted their price target on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Stifel Nicolaus boosted their price target on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $365.88.

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.