CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Sentry Investment Management LLC

Sentry Investment Management LLC lowered its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 970 shares of the company’s stock after selling 158 shares during the period. Sentry Investment Management LLC’s holdings in CrowdStrike were worth $332,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of CrowdStrike by 13.9% during the third quarter. Allworth Financial LP now owns 3,688 shares of the company’s stock worth $1,035,000 after buying an additional 449 shares in the last quarter. Modera Wealth Management LLC boosted its stake in CrowdStrike by 16.4% during the 3rd quarter. Modera Wealth Management LLC now owns 3,620 shares of the company’s stock valued at $1,015,000 after acquiring an additional 510 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in CrowdStrike by 7.0% during the 3rd quarter. State of Alaska Department of Revenue now owns 26,825 shares of the company’s stock valued at $7,523,000 after acquiring an additional 1,745 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in CrowdStrike by 50.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 41,672 shares of the company’s stock worth $11,688,000 after acquiring an additional 14,003 shares in the last quarter. Finally, Autumn Glory Partners LLC bought a new stake in shares of CrowdStrike in the 3rd quarter worth about $280,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of research reports. Cantor Fitzgerald lifted their price target on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. increased their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Morgan Stanley boosted their price target on CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a report on Wednesday, February 19th. Mizuho raised their price objective on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, Truist Financial boosted their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $383.08.

CrowdStrike Trading Down 3.1 %

Shares of CrowdStrike stock opened at $379.75 on Wednesday. The business has a fifty day simple moving average of $384.90 and a 200-day simple moving average of $333.10. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The firm has a market cap of $93.54 billion, a price-to-earnings ratio of 744.62, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is owned by insiders.

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.