CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Snider Financial Group

Snider Financial Group trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,008 shares of the company’s stock after selling 480 shares during the quarter. Snider Financial Group’s holdings in CrowdStrike were worth $3,082,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at $27,000. Fortitude Family Office LLC raised its position in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike during the 4th quarter valued at about $34,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of CrowdStrike in the 3rd quarter worth approximately $38,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,315 shares of company stock worth $38,387,254. Company insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on CRWD shares. Susquehanna increased their target price on shares of CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research note on Wednesday, November 27th. Canaccord Genuity Group raised their price objective on CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday. UBS Group lifted their target price on CrowdStrike from $396.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Oppenheimer upped their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Evercore ISI lifted their price target on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $391.75.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $390.16 on Wednesday. The company’s fifty day moving average is $387.85 and its two-hundred day moving average is $337.82. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. 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 firm has a market capitalization of $96.10 billion, a price-to-earnings ratio of 765.03, a P/E/G ratio of 17.86 and a beta of 1.16.

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.