3,790 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by SLT Holdings LLC

SLT Holdings LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,790 shares of the company’s stock, valued at approximately $1,297,000. CrowdStrike comprises approximately 1.2% of SLT Holdings LLC’s investment portfolio, making the stock its 19th largest holding.

Several other institutional investors have also recently made changes to their positions in CRWD. Sound View Wealth Advisors Group LLC grew its position in shares of CrowdStrike by 5.8% in the fourth quarter. Sound View Wealth Advisors Group LLC now owns 1,662 shares of the company’s stock valued at $569,000 after purchasing an additional 91 shares during the period. Roberts Glore & Co. Inc. IL acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $240,000. OFI Invest Asset Management acquired a new position in CrowdStrike during the fourth quarter worth about $662,000. Amundi boosted its position in CrowdStrike by 41.9% during the fourth quarter. Amundi now owns 1,382,952 shares of the company’s stock worth $496,093,000 after acquiring an additional 408,190 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its position in CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after acquiring an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 100,315 shares of company stock worth $38,387,254 in the last ninety days. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of recent research reports. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Wednesday. BMO Capital Markets boosted their price target on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday. CICC Research initiated coverage on shares of CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a research note on Wednesday. Finally, The Goldman Sachs Group lifted their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $400.10.

CrowdStrike Price Performance

Shares of CRWD stock opened at $333.50 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month 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 company has a market capitalization of $82.14 billion, a PE ratio of 653.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The firm has a fifty day simple moving average of $387.07 and a 200-day simple moving average of $339.05.

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.