CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by FNY Investment Advisers LLC

FNY Investment Advisers LLC lessened its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 38.9% during the fourth quarter, Holdings Channel reports. The firm owned 455 shares of the company’s stock after selling 290 shares during the period. FNY Investment Advisers LLC’s holdings in CrowdStrike were worth $155,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Beacon Financial Advisory LLC purchased a new position in shares of CrowdStrike in the 3rd quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. increased its stake in CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after acquiring an additional 78,305 shares during the last quarter. Doliver Advisors LP raised its holdings in shares of CrowdStrike by 223.2% in the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares during the period. DekaBank Deutsche Girozentrale raised its holdings in shares of CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares during the period. Finally, Hemenway Trust Co LLC lifted its stake in shares of CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after purchasing an additional 5,352 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the transaction, the director now owns 816,730 shares in the company, valued at $261,745,630.40. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 106,351 shares of company stock worth $37,515,473 over the last ninety days. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 1.9 %

NASDAQ CRWD opened at $348.04 on Wednesday. The firm has a market capitalization of $85.73 billion, a PE ratio of 682.44, a price-to-earnings-growth ratio of 19.75 and a beta of 1.11. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The company has a 50-day simple moving average of $353.83 and a 200-day simple moving average of $312.46. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Analyst Ratings Changes

A number of research firms recently issued reports on CRWD. Citigroup increased their target price on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Truist Financial raised their target price on shares of CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. The Goldman Sachs Group lifted their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, December 24th. CICC Research initiated coverage on CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price target for the company. Finally, Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $365.88.

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.