CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC cut its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 721 shares of the company’s stock after selling 61 shares during the period. Capital Asset Advisory Services LLC’s holdings in CrowdStrike were worth $259,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its position in CrowdStrike by 418.2% in the second quarter. The Manufacturers Life Insurance Company now owns 133,260 shares of the company’s stock worth $51,064,000 after acquiring an additional 107,543 shares during the period. Mackenzie Financial Corp grew its holdings in shares of CrowdStrike by 26.0% during the 2nd quarter. Mackenzie Financial Corp now owns 42,813 shares of the company’s stock worth $16,406,000 after purchasing an additional 8,841 shares during the period. Silver Lake Advisory LLC purchased a new position in shares of CrowdStrike during the 2nd quarter worth $231,000. Northwestern Mutual Wealth Management Co. increased its position in shares of CrowdStrike by 4.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 84,725 shares of the company’s stock worth $32,465,000 after purchasing an additional 3,880 shares during the last quarter. Finally, Invst LLC acquired a new position in CrowdStrike in the second quarter valued at about $220,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Down 0.3 %

CRWD stock opened at $373.75 on Tuesday. The company has a market cap of $92.06 billion, a price-to-earnings ratio of 732.86, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. The company has a fifty day moving average price of $358.65 and a 200 day moving average price of $311.37. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company’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 completion of the transaction, the insider now owns 115,798 shares in the company, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the sale, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CRWD shares. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a research report on Wednesday, November 27th. Robert W. Baird boosted their target price on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Stifel Nicolaus raised their price target on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Wedbush set a $330.00 price objective on CrowdStrike in a research note on Thursday, October 17th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a research note on Monday, September 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $369.00.

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.