Greenleaf Trust Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Greenleaf Trust bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 873 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CVA Family Office LLC purchased a new position in CrowdStrike during the fourth quarter worth approximately $26,000. Silver Oak Securities Incorporated purchased a new stake in CrowdStrike in the third quarter valued at $27,000. Bear Mountain Capital Inc. purchased a new stake in CrowdStrike in the fourth quarter valued at $27,000. Gradient Investments LLC raised its position in CrowdStrike by 1,818.2% in the third quarter. Gradient Investments LLC now owns 211 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the period. Finally, McGlone Suttner Wealth Management Inc. purchased a new stake in CrowdStrike in the fourth quarter valued at $36,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on CRWD shares. Evercore ISI lifted their target price on CrowdStrike from $255.00 to $405.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Piper Sandler lifted their target price on CrowdStrike from $300.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, March 6th. Morgan Stanley lifted their target price on CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a research report on Wednesday, March 13th. BMO Capital Markets lifted their price objective on CrowdStrike from $332.00 to $425.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. Finally, Guggenheim lifted their price objective on CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $371.87.

CrowdStrike Stock Down 0.7 %

CRWD opened at $297.62 on Thursday. The business has a 50 day moving average price of $315.88 and a two-hundred day moving average price of $267.07. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The company has a market cap of $71.99 billion, a PE ratio of 826.75, a P/E/G ratio of 11.56 and a beta of 1.05. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. The firm had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. As a group, research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 78,080 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the transaction, the chief executive officer now owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO George Kurtz sold 78,080 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the sale, the chief executive officer now owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. Insiders sold a total of 223,544 shares of company stock valued at $72,113,932 in the last ninety days. Insiders own 5.68% of the company’s stock.

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.