CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 38.3% in the fourth quarter, Holdings Channel reports. The fund owned 1,245 shares of the company’s stock after purchasing an additional 345 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in CrowdStrike were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Empirical Asset Management LLC acquired a new stake in shares of CrowdStrike during the fourth quarter worth $11,310,000. Arcadia Investment Management Corp MI boosted its holdings in shares of CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after acquiring an additional 2,814 shares in the last quarter. Greenleaf Trust boosted its holdings in shares of CrowdStrike by 53.4% in the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock valued at $1,015,000 after acquiring an additional 1,033 shares in the last quarter. Trifecta Capital Advisors LLC increased its stake in shares of CrowdStrike by 2,140.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after acquiring an additional 8,561 shares during the period. Finally, Fifth Third Bancorp raised its holdings in CrowdStrike by 42.6% during the fourth quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock worth $15,263,000 after purchasing an additional 13,323 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gerhard Watzinger sold 10,000 shares of CrowdStrike stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $359.57, for a total value of $3,595,700.00. Following the completion of the transaction, the director now directly owns 62,891 shares in the company, valued at $22,613,716.87. This represents a 13.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 114,551 shares of company stock valued at $43,527,642. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 6.5 %

Shares of NASDAQ:CRWD opened at $347.39 on Friday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The stock’s 50-day moving average price is $387.24 and its two-hundred day moving average price is $351.01. 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 $86.11 billion, a price-to-earnings ratio of 681.17, a PEG ratio of 17.86 and a beta of 1.28.

Analyst Upgrades and Downgrades

CRWD has been the topic of several recent analyst reports. Canaccord Genuity Group boosted their target price on CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. BMO Capital Markets upped their price target on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, Stifel Nicolaus cut their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $400.88.

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.