CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by M&T Bank Corp

M&T Bank Corp lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,697 shares of the company’s stock after buying an additional 2,839 shares during the period. M&T Bank Corp’s holdings in CrowdStrike were worth $9,819,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CRWD. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike in the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC lifted its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the period. FPC Investment Advisory Inc. lifted its holdings in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new position in CrowdStrike in the 4th quarter valued at $34,000. Finally, Ashton Thomas Securities LLC acquired a new position in CrowdStrike in the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred 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 transaction, the director now owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 100,315 shares of company stock worth $38,387,254 in the last 90 days. 4.34% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently commented on CRWD. Robert W. Baird reduced their target price on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research note on Wednesday. Citigroup restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. UBS Group dropped their target price on CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Wednesday. Wells Fargo & Company raised their price target on CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Stifel Nicolaus decreased their price target on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-one have given a buy rating and one has given 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 $400.10.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $347.73 on Friday. The business has a fifty day simple moving average of $387.50 and a 200-day simple moving average of $338.08. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a market cap of $85.65 billion, a P/E ratio of 681.84, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current 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.