Global Retirement Partners LLC Buys 1,999 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Global Retirement Partners LLC boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 26.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,492 shares of the company’s stock after purchasing an additional 1,999 shares during the quarter. Global Retirement Partners LLC’s holdings in CrowdStrike were worth $3,248,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp boosted its position in CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after purchasing an additional 275,717 shares in the last quarter. Jennison Associates LLC boosted its holdings in CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after acquiring an additional 352,180 shares in the last quarter. Geode Capital Management LLC boosted its holdings in CrowdStrike by 2.0% in the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock worth $1,367,505,000 after acquiring an additional 97,990 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in CrowdStrike by 12.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock worth $440,461,000 after acquiring an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in CrowdStrike by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock worth $379,895,000 after acquiring an additional 20,899 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Barclays raised their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Truist Financial raised their price target on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Robert W. Baird reissued a “neutral” rating and issued a $430.00 price target (up previously from $390.00) on shares of CrowdStrike in a report on Monday, February 3rd. Morgan Stanley raised their price target on CrowdStrike from $390.00 to $429.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $379.73.

CrowdStrike Stock Down 1.1 %

Shares of CRWD opened at $450.14 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The stock 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 stock has a 50 day moving average price of $382.58 and a 200 day moving average price of $327.63.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares in the company, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 136,565 shares of company stock valued at $51,038,529. Insiders own 4.34% of the company’s stock.

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.