AFT Forsyth & Company Inc. Sells 65 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AFT Forsyth & Company Inc. decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,171 shares of the company’s stock after selling 65 shares during the quarter. AFT Forsyth & Company Inc.’s holdings in CrowdStrike were worth $743,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CRWD. Jennison Associates LLC lifted its position in CrowdStrike by 25.0% during the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after purchasing an additional 1,013,161 shares during the period. International Assets Investment Management LLC grew its position in shares of CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after buying an additional 920,695 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after buying an additional 712,900 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in CrowdStrike by 248.6% in the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after buying an additional 371,695 shares during the period. Finally, State Street Corp boosted its stake in CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after acquiring an additional 275,717 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the transaction, the director now directly owns 809,266 shares in the company, valued at $282,708,984.44. The trade was a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares in the company, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 136,565 shares of company stock valued at $50,597,609. 4.34% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CRWD has been the subject of several recent research reports. Mizuho upped their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday. Rosenblatt Securities upped their price objective on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Jefferies Financial Group raised their target price on CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Morgan Stanley upped their price target on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, Cantor Fitzgerald lifted their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $376.00.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $434.63 on Thursday. The firm’s fifty day moving average price is $371.79 and its two-hundred day moving average price is $319.16. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $437.60. The firm has a market capitalization of $107.05 billion, a P/E ratio of 852.23, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.