Fairfield Bush & CO. Has $2.25 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fairfield Bush & CO. boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,585 shares of the company’s stock after purchasing an additional 400 shares during the quarter. CrowdStrike accounts for about 1.3% of Fairfield Bush & CO.’s investment portfolio, making the stock its 21st biggest holding. Fairfield Bush & CO.’s holdings in CrowdStrike were worth $2,253,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Jacobi Capital Management LLC increased its stake in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC increased its position in CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC lifted its holdings in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after buying an additional 29 shares in the last quarter. Greenwich Wealth Management LLC boosted its position in shares of CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after acquiring an additional 30 shares during the period. Finally, Altman Advisors Inc. boosted its position in shares of CrowdStrike by 0.5% in the fourth quarter. Altman Advisors Inc. now owns 6,623 shares of the company’s stock valued at $2,266,000 after acquiring an additional 31 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the completion of the sale, the director now owns 805,592 shares in the company, valued at $332,218,084.88. The trade was a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Michael Sentonas sold 13,543 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 transaction of $4,856,790.66. Following the transaction, the president now directly owns 405,308 shares in the company, valued at approximately $145,351,554.96. This represents a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 119,401 shares of company stock worth $45,119,220. 4.34% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of analyst reports. Guggenheim restated a “neutral” rating on shares of CrowdStrike 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 on the stock in a research report on Wednesday, March 5th. Truist Financial dropped their price objective on CrowdStrike from $460.00 to $450.00 and set a “buy” rating for the company in a report on Monday, March 31st. Royal Bank of Canada restated an “outperform” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $400.53.

CrowdStrike Stock Performance

CRWD stock opened at $379.84 on Thursday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. 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 stock has a 50-day moving average price of $377.97 and a 200-day moving average price of $356.41. The firm has a market cap of $94.15 billion, a PE ratio of 744.80, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28.

CrowdStrike Company Profile

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.