Dynamic Advisor Solutions LLC Grows Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Dynamic Advisor Solutions LLC increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,186 shares of the company’s stock after purchasing an additional 127 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in CrowdStrike were worth $748,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its holdings in CrowdStrike by 418.2% in the second quarter. The Manufacturers Life Insurance Company now owns 133,260 shares of the company’s stock valued at $51,064,000 after acquiring an additional 107,543 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of CrowdStrike by 26.0% in the 2nd quarter. Mackenzie Financial Corp now owns 42,813 shares of the company’s stock valued at $16,406,000 after purchasing an additional 8,841 shares in the last quarter. Creative Planning lifted its position in shares of CrowdStrike by 5.0% during the 2nd quarter. Creative Planning now owns 158,740 shares of the company’s stock worth $60,828,000 after purchasing an additional 7,543 shares during the last quarter. Copperwynd Financial LLC grew its stake in shares of CrowdStrike by 24.6% during the second quarter. Copperwynd Financial LLC now owns 8,423 shares of the company’s stock worth $3,228,000 after purchasing an additional 1,663 shares in the last quarter. Finally, Nemes Rush Group LLC increased its holdings in CrowdStrike by 3.3% in the second quarter. Nemes Rush Group LLC now owns 6,950 shares of the company’s stock valued at $2,663,000 after buying an additional 224 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, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the sale, the director now directly owns 816,730 shares in the company, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock valued at $38,935,113 over the last 90 days. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Price Performance

CRWD stock opened at $374.92 on Monday. The firm has a market cap of $92.35 billion, a P/E ratio of 735.15, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The stock has a 50-day simple moving average of $358.65 and a 200-day simple moving average of $311.81.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CRWD shares. KeyCorp upped their price objective on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Morgan Stanley increased their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Rosenblatt Securities boosted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Robert W. Baird increased their target price on shares of CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Truist Financial boosted their price target on shares of CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $369.00.

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.