Slow Capital Inc. Trims Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Slow Capital Inc. decreased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,018 shares of the company’s stock after selling 49 shares during the period. Slow Capital Inc.’s holdings in CrowdStrike were worth $4,454,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $27,000. Fortitude Family Office LLC grew its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in CrowdStrike in the 2nd quarter valued at $38,000. Oakworth Capital Inc. purchased a new position in CrowdStrike during the third quarter worth about $28,000. Finally, Tsfg LLC grew its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.3 %

Shares of CrowdStrike stock opened at $373.75 on Tuesday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The firm has a market cap of $92.06 billion, a price-to-earnings ratio of 732.86, a PEG ratio of 20.07 and a beta of 1.14. The company has a 50-day moving average of $358.65 and a 200 day moving average 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.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now owns 816,730 shares of the company’s stock, valued at $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on CRWD shares. Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Susquehanna increased their price target on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. boosted their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. Finally, KeyCorp raised their price target on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.