ESG Planning DBA Harper Investing Reduces Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

ESG Planning DBA Harper Investing decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 10.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,420 shares of the company’s stock after selling 380 shares during the period. ESG Planning DBA Harper Investing’s holdings in CrowdStrike were worth $1,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Fisher Asset Management LLC boosted its position in CrowdStrike by 17.9% in the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock valued at $626,000 after buying an additional 339 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of CrowdStrike by 101.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 254 shares of the company’s stock valued at $71,000 after acquiring an additional 128 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of CrowdStrike by 19.3% in the third quarter. The Manufacturers Life Insurance Company now owns 159,034 shares of the company’s stock worth $44,604,000 after acquiring an additional 25,774 shares during the period. Townsquare Capital LLC raised its holdings in shares of CrowdStrike by 1.6% during the third quarter. Townsquare Capital LLC now owns 8,495 shares of the company’s stock worth $2,383,000 after purchasing an additional 133 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its position in CrowdStrike by 119.1% during the third quarter. Glenmede Trust Co. NA now owns 2,927 shares of the company’s stock valued at $821,000 after purchasing an additional 1,591 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 2.6 %

Shares of CRWD opened at $357.11 on Friday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The firm has a market capitalization of $88.52 billion, a P/E ratio of 700.23, a P/E/G ratio of 17.86 and a beta of 1.19. The firm has a 50-day moving average price of $388.15 and a 200 day moving average price of $348.12. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the transaction, the insider now 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the transaction, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. This represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 110,801 shares of company stock worth $42,092,255 in the last ninety days. 4.34% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several analyst reports. BMO Capital Markets increased their price target on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Barclays reduced their price target on CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. Susquehanna upped their price objective on CrowdStrike from $400.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, March 5th. KeyCorp cut their target price on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. Finally, Wedbush increased their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $400.26.

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.