CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Trimmed by Strategic Investment Solutions Inc. IL

Strategic Investment Solutions Inc. IL cut its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 68.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160 shares of the company’s stock after selling 354 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in CrowdStrike were worth $53,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike during the fourth quarter worth $27,000. Fortitude Family Office LLC raised its holdings in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the period. FPC Investment Advisory Inc. lifted its stake in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares in the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike in the fourth quarter worth about $34,000. Finally, Crowley Wealth Management Inc. purchased a new position in shares of CrowdStrike in the fourth quarter worth approximately $34,000. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Stock Down 1.1 %

Shares of CRWD opened at $375.62 on Friday. 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 $93.11 billion, a price-to-earnings ratio of 736.52, a P/E/G ratio of 17.86 and a beta of 1.28. The company has a 50-day moving average price of $376.90 and a two-hundred day moving average price of $357.06. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered their price objective on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Susquehanna upped their price target on CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a research report on Wednesday, March 5th. Wedbush raised their price objective on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Morgan Stanley dropped their target price on CrowdStrike from $429.00 to $415.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Baird R W cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $400.53.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred 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 transaction, the director now owns 805,592 shares in the company, valued at approximately $332,218,084.88. The trade was a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred 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 sale, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 119,401 shares of company stock worth $45,119,220 in the last 90 days. 4.34% of the stock is owned by company insiders.

CrowdStrike 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.