Values First Advisors Inc. Reduces Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Values First Advisors Inc. lowered its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 67.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 669 shares of the company’s stock after selling 1,394 shares during the quarter. Values First Advisors Inc.’s holdings in CrowdStrike were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Empirical Asset Management LLC bought a new position in CrowdStrike in the fourth quarter worth approximately $11,310,000. Beacon Financial Advisory LLC purchased a new stake in shares of CrowdStrike in the 3rd quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after purchasing an additional 78,305 shares during the period. DekaBank Deutsche Girozentrale lifted its position in CrowdStrike by 0.7% during the third quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after purchasing an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC grew its holdings in CrowdStrike by 356.8% during the third quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after purchasing an additional 5,352 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Evercore ISI raised their price objective on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Cantor Fitzgerald raised their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Scotiabank lifted their price target on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a report on Tuesday, January 21st. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Finally, The Goldman Sachs Group lifted their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research note on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus price target of $376.00.

CrowdStrike Trading Up 0.7 %

Shares of CRWD opened at $434.63 on Thursday. The company’s fifty day simple moving average is $371.79 and its 200-day simple moving average is $319.16. The company has a market cap of $107.05 billion, a P/E ratio of 852.23, a P/E/G ratio of 17.22 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $437.60.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on 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 completion of the sale, the director now directly owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 136,565 shares of company stock worth $50,597,609. 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.