CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Traphagen Investment Advisors LLC

Traphagen Investment Advisors LLC lessened its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,070 shares of the company’s stock after selling 197 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in CrowdStrike were worth $366,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Synergy Financial Group LTD raised its stake in shares of CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after acquiring an additional 30 shares during the period. Meridian Financial Partners LLC raised its position in CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after purchasing an additional 33 shares during the period. Sunpointe LLC lifted its stake in shares of CrowdStrike by 3.1% during the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after purchasing an additional 34 shares in the last quarter. Hilltop Holdings Inc. boosted its position in shares of CrowdStrike by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after buying an additional 34 shares during the period. Finally, Interchange Capital Partners LLC grew its stake in shares of CrowdStrike by 1.1% in the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock valued at $1,036,000 after buying an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Needham & Company LLC upped their price target on CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 price target on shares of CrowdStrike in a report on Monday, September 30th. BMO Capital Markets boosted their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. CICC Research assumed coverage on CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 target price for the company. Finally, HSBC cut CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $369.00.

CrowdStrike Trading Up 2.6 %

CrowdStrike stock opened at $366.41 on Wednesday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The stock has a market capitalization of $90.25 billion, a PE ratio of 718.47, a price-to-earnings-growth ratio of 18.99 and a beta of 1.14. The firm has a 50 day simple moving average of $356.16 and a 200-day simple moving average of $311.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the transaction, the insider now owns 98,214 shares in the company, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the sale, the director now owns 816,730 shares of the company’s stock, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by corporate insiders.

About CrowdStrike

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.