CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Decreased by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,595 shares of the company’s stock after selling 14,049 shares during the quarter. Ferguson Wellman Capital Management Inc. owned about 0.06% of CrowdStrike worth $49,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth approximately $27,000. Fortitude Family Office LLC boosted its position in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Oakworth Capital Inc. acquired a new stake in CrowdStrike during the 3rd quarter worth about $28,000. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike in the fourth quarter worth about $34,000. Finally, Tsfg LLC raised its holdings in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CRWD shares. Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group increased their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, December 24th. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research note on Thursday, October 17th. Stifel Nicolaus lifted their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Finally, Robert W. Baird restated a “neutral” rating and set a $430.00 price target (up from $390.00) on shares of CrowdStrike in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average target price of $370.00.

CrowdStrike Stock Up 0.3 %

CRWD opened at $421.59 on Monday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $431.33. The company has a market capitalization of $103.84 billion, a P/E ratio of 826.66, a P/E/G ratio of 17.22 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm’s fifty day moving average price is $368.52 and its two-hundred day moving average price is $316.29.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 111,565 shares of company stock worth $39,898,614. Corporate insiders own 4.34% of the company’s stock.

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.