CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Decreased by Crewe Advisors LLC

Crewe Advisors LLC trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 65.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 154 shares of the company’s stock after selling 298 shares during the quarter. Crewe Advisors LLC’s holdings in CrowdStrike were worth $53,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in CRWD. Choreo LLC grew its stake in CrowdStrike by 2.4% during the 4th quarter. Choreo LLC now owns 8,084 shares of the company’s stock worth $2,813,000 after buying an additional 191 shares during the last quarter. Nvwm LLC grew its stake in CrowdStrike by 25,616.7% during the 4th quarter. Nvwm LLC now owns 3,086 shares of the company’s stock worth $1,056,000 after buying an additional 3,074 shares during the last quarter. Money Concepts Capital Corp grew its stake in CrowdStrike by 4.5% during the 4th quarter. Money Concepts Capital Corp now owns 904 shares of the company’s stock worth $309,000 after buying an additional 39 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in CrowdStrike by 60.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 225,132 shares of the company’s stock worth $79,074,000 after buying an additional 84,658 shares during the last quarter. Finally, Jericho Financial LLP bought a new position in CrowdStrike during the 4th quarter worth $3,034,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Up 0.8 %

NASDAQ:CRWD opened at $420.51 on Friday. The firm has a market capitalization of $103.58 billion, a price-to-earnings ratio of 824.55, a PEG ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $421.63. 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’s fifty day moving average price is $365.55 and its 200 day moving average price is $314.12.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated 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 directly owns 805,592 shares of the company’s stock, valued at $332,218,084.88. This represents a 0.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 111,565 shares of company stock valued at $39,898,614. Company insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CRWD shares. Robert W. Baird restated a “neutral” rating and set a $430.00 price objective (up from $390.00) on shares of CrowdStrike in a research note on Monday. Stifel Nicolaus upped their price objective on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. KeyCorp upped their price objective on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Barclays boosted their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Company 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.