TD Private Client Wealth LLC Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

TD Private Client Wealth LLC raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 30.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 851 shares of the company’s stock after purchasing an additional 199 shares during the period. TD Private Client Wealth LLC’s holdings in CrowdStrike were worth $291,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CRWD. Jacobi Capital Management LLC raised its stake in CrowdStrike by 1.9% in the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after buying an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its position in shares of CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after acquiring an additional 27 shares in the last quarter. Wintrust Investments LLC grew its stake in CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock valued at $246,000 after purchasing an additional 29 shares during the last quarter. Synergy Financial Group LTD raised its holdings in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares in the last quarter. Finally, Greenwich Wealth Management LLC lifted its position in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after buying an additional 30 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, CAO Anurag Saha sold 2,858 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the completion of the sale, the chief accounting officer now owns 38,201 shares of the company’s stock, valued at $13,916,242.29. This represents a 6.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,858 shares of company stock worth $21,288,706. 4.34% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Jefferies Financial Group reduced their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research report on Wednesday, November 27th. Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. DA Davidson upped their target price on CrowdStrike from $395.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, March 5th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $420.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $399.51.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $372.64 on Tuesday. The firm has a market cap of $92.37 billion, a P/E ratio of 730.68, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The stock has a 50 day moving average of $387.16 and a two-hundred day moving average of $346.07. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. 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 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.