CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Increased by Zevin Asset Management LLC

Zevin Asset Management LLC raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 50.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,685 shares of the company’s stock after purchasing an additional 11,590 shares during the period. CrowdStrike comprises about 1.7% of Zevin Asset Management LLC’s portfolio, making the stock its 26th largest holding. Zevin Asset Management LLC’s holdings in CrowdStrike were worth $11,868,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Jacobi Capital Management LLC grew its position in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after acquiring an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its position in shares of CrowdStrike by 1.4% during the fourth 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 during the last quarter. Wintrust Investments LLC grew its position in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after acquiring an additional 29 shares during the last quarter. Synergy Financial Group LTD lifted 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 during the period. Finally, M3 Advisory Group LLC lifted its holdings in CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after purchasing an additional 32 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 17,120 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the completion of the sale, the director now directly owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. This represents a 2.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the completion of the sale, the insider now owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This trade 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 valued at $38,387,254 over the last 90 days. 4.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CRWD shares. Oppenheimer upped their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $450.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. Raymond James downgraded shares of CrowdStrike from an “outperform” rating to a “cautious” rating in a report on Monday. Finally, Stifel Nicolaus cut their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $398.78.

CrowdStrike Stock Up 6.4 %

Shares of CrowdStrike stock opened at $353.73 on Friday. The stock has a market capitalization of $87.13 billion, a P/E ratio of 693.60, a PEG 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. The stock has a 50 day moving average price of $385.70 and a two-hundred day moving average price of $340.82. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

CrowdStrike 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.