CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Amalgamated Bank

Amalgamated Bank trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 47,659 shares of the company’s stock after selling 720 shares during the quarter. Amalgamated Bank’s holdings in CrowdStrike were worth $16,307,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Twin Peaks Wealth Advisors LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at approximately $206,000. Synergy Financial Group LTD lifted its holdings in CrowdStrike by 4.1% in the 4th quarter. Synergy Financial Group LTD now owns 4,111 shares of the company’s stock valued at $1,407,000 after purchasing an additional 161 shares in the last quarter. Trifecta Capital Advisors LLC boosted its stake in CrowdStrike by 2,140.3% during the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after purchasing an additional 8,561 shares during the last quarter. Prasad Wealth Partners LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth $640,000. Finally, Quartz Partners LLC raised its position in shares of CrowdStrike by 18.5% in the fourth quarter. Quartz Partners LLC now owns 942 shares of the company’s stock valued at $322,000 after buying an additional 147 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CRWD. JMP Securities restated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Monday, November 4th. BMO Capital Markets boosted their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Evercore ISI increased their price target on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, November 25th. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research note on Wednesday, November 27th. Finally, Wells Fargo & Company raised their target price on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $383.08.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 17,120 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the sale, the director now owns 780,592 shares in the company, valued at $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 136,565 shares of company stock valued at $51,038,529 in the last quarter. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 3.1 %

Shares of NASDAQ CRWD opened at $379.75 on Wednesday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The stock has a market cap of $93.54 billion, a P/E ratio of 744.62, a PEG ratio of 17.86 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. The business’s fifty day simple moving average is $384.90 and its 200-day simple moving average is $333.10.

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.