Americana Partners LLC Purchases 3,659 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Americana Partners LLC grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 317.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,811 shares of the company’s stock after purchasing an additional 3,659 shares during the period. Americana Partners LLC’s holdings in CrowdStrike were worth $1,646,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp lifted its position in CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after buying an additional 275,717 shares in the last quarter. Jennison Associates LLC grew its stake in shares of CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after buying an additional 352,180 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of CrowdStrike by 2.0% in the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock valued at $1,367,505,000 after buying an additional 97,990 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of CrowdStrike by 12.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock valued at $440,461,000 after buying an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of CrowdStrike by 1.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock worth $379,895,000 after purchasing an additional 20,899 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CRWD has been the topic of several recent analyst reports. CICC Research started coverage on shares of CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective on the stock. BMO Capital Markets increased their price target on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a research report on Wednesday, November 27th. Truist Financial raised their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Finally, Royal Bank of Canada upped their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $376.00.

Insider Activity at CrowdStrike

In other news, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares in the company, valued at $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, January 2nd. The stock was 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 of the company’s stock, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 132,565 shares of company stock worth $49,235,849 over the last ninety days. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 0.4 %

Shares of CRWD opened at $451.74 on Tuesday. The company has a market capitalization of $111.27 billion, a PE ratio of 885.78, a PEG ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $454.13. The stock’s 50-day moving average price is $376.70 and its two-hundred day moving average price is $323.50. 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 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.