TD Private Client Wealth LLC Sells 798 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

TD Private Client Wealth LLC lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 55.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 652 shares of the company’s stock after selling 798 shares during the period. TD Private Client Wealth LLC’s holdings in CrowdStrike were worth $183,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Beacon Financial Advisory LLC bought a new position in CrowdStrike during the 3rd quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. increased its stake in CrowdStrike by 10.2% during the 3rd 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 period. Doliver Advisors LP increased its stake in CrowdStrike by 223.2% during the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after acquiring an additional 4,664 shares during the period. DekaBank Deutsche Girozentrale increased its stake in CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after acquiring an additional 2,863 shares during the period. Finally, Hemenway Trust Co LLC increased its stake in CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock worth $1,922,000 after acquiring an additional 5,352 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 10,776 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the sale, the president now directly owns 400,390 shares of the company’s stock, valued at $119,027,939.20. The trade was a 2.62 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the sale, the chief accounting officer now directly owns 38,962 shares of the company’s stock, valued at $11,582,623.36. The trade was a 4.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 139,998 shares of company stock valued at $43,943,100. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several recent analyst reports. Royal Bank of Canada decreased their price target on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 27th. Rosenblatt Securities lifted their price target on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Evercore ISI lifted their price target on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, November 25th. Truist Financial lifted their price target on CrowdStrike from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, November 18th. Finally, Stifel Nicolaus lifted their price target on CrowdStrike from $300.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $355.80.

CrowdStrike Stock Performance

CRWD stock opened at $368.02 on Monday. The stock has a 50-day moving average price of $330.62 and a 200-day moving average price of $313.70. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $90.65 billion, a PE ratio of 721.61, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11.

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.