CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by First Bancorp Inc ME

First Bancorp Inc ME trimmed its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% in the 1st quarter, Holdings Channel reports. The firm owned 1,855 shares of the company’s stock after selling 60 shares during the period. First Bancorp Inc ME’s holdings in CrowdStrike were worth $595,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CHURCHILL MANAGEMENT Corp acquired a new position in CrowdStrike during the fourth quarter worth $1,228,000. Financial Counselors Inc. grew its position in shares of CrowdStrike by 3.9% during the fourth quarter. Financial Counselors Inc. now owns 1,346 shares of the company’s stock worth $344,000 after buying an additional 50 shares in the last quarter. Ferguson Wellman Capital Management Inc. increased its stake in CrowdStrike by 17.1% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 159,202 shares of the company’s stock valued at $40,647,000 after purchasing an additional 23,265 shares during the last quarter. Highland Capital Management LLC grew its position in shares of CrowdStrike by 0.6% during the fourth quarter. Highland Capital Management LLC now owns 32,455 shares of the company’s stock worth $8,286,000 after acquiring an additional 181 shares during the last quarter. Finally, Sara Bay Financial purchased a new stake in shares of CrowdStrike during the 4th quarter worth $255,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 1.6 %

Shares of NASDAQ CRWD traded down $6.38 during mid-day trading on Wednesday, hitting $380.38. 2,318,476 shares of the stock traded hands, compared to its average volume of 4,157,684. The stock has a fifty day moving average price of $335.94 and a 200-day moving average price of $311.52. The company has a market cap of $92.57 billion, a price-to-earnings ratio of 721.75, a PEG ratio of 19.36 and a beta of 1.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.80 and a current ratio of 1.80. CrowdStrike Holdings, Inc. has a 52 week low of $139.37 and a 52 week high of $394.64.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CRWD shares. Evercore ISI raised their price target on shares of CrowdStrike from $255.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. TD Cowen lifted their price target on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. Oppenheimer raised their price target on CrowdStrike from $355.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, June 5th. BMO Capital Markets decreased their target price on shares of CrowdStrike from $425.00 to $410.00 and set an “outperform” rating for the company in a research report on Wednesday, June 5th. Finally, KeyCorp decreased their target price on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. One investment analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike has an average rating of “Buy” and a consensus target price of $380.62.

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,735 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $4,086,063.05. Following the sale, the president now owns 411,166 shares in the company, valued at approximately $156,502,114.58. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, President Michael Sentonas sold 10,735 shares of the firm’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $4,086,063.05. Following the completion of the transaction, the president now directly owns 411,166 shares of the company’s stock, valued at $156,502,114.58. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Burt W. Podbere sold 64,000 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the transaction, the chief financial officer now owns 306,508 shares of the company’s stock, valued at approximately $97,003,651.84. The disclosure for this sale can be found here. In the last three months, insiders have sold 273,675 shares of company stock valued at $92,085,172. 4.34% of the stock is owned by corporate 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.