Lbp Am Sa Sells 31,021 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Lbp Am Sa lessened its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 19.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,553 shares of the company’s stock after selling 31,021 shares during the period. Lbp Am Sa owned about 0.05% of CrowdStrike worth $42,617,000 at the end of the most recent quarter.

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

CrowdStrike Stock Down 4.1 %

Shares of NASDAQ CRWD opened at $332.53 on Friday. The company has a market capitalization of $81.91 billion, a P/E ratio of 652.03, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. 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 quick ratio of 1.86 and a current ratio of 1.86. The company’s 50 day moving average price is $385.81 and its 200-day moving average price is $340.21.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction 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 in the company, valued at $280,613,187.30. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. The trade was a 3.74 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 100,315 shares of company stock worth $38,387,254. Company insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of research reports. Royal Bank of Canada restated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Cantor Fitzgerald restated an “overweight” rating and set a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. 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. UBS Group cut their target price 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. Finally, Citigroup reiterated a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $398.78.

About CrowdStrike

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.