CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Bfsg LLC

Bfsg LLC cut its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 54.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 149 shares of the company’s stock after selling 178 shares during the quarter. Bfsg LLC’s holdings in CrowdStrike were worth $51,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Castleview Partners LLC purchased a new position in CrowdStrike in the third quarter valued at about $32,000. Telos Capital Management Inc. acquired a new stake in shares of CrowdStrike in the 3rd quarter worth approximately $505,000. Oakworth Capital Inc. purchased a new position in CrowdStrike in the 3rd quarter valued at approximately $28,000. Calton & Associates Inc. acquired a new position in CrowdStrike during the third quarter worth $382,000. Finally, Eastern Bank purchased a new stake in CrowdStrike during the third quarter worth $337,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the sale, the director now directly owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. 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 $51,038,529. Corporate insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the subject of several research reports. Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Stifel Nicolaus lifted their target price on shares of CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. upped their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. BMO Capital Markets raised their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Finally, Rosenblatt Securities upped their target price on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. One investment 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 issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $379.73.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $450.14 on Thursday. 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 1-year low of $200.81 and a 1-year high of $455.59. The company has a market capitalization of $110.87 billion, a price-to-earnings ratio of 882.64, a PEG ratio of 18.50 and a beta of 1.16. The business has a 50-day moving average of $382.58 and a 200-day moving average of $327.63.

About CrowdStrike

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.