Verus Capital Partners LLC Sells 42 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Verus Capital Partners LLC lessened its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,062 shares of the company’s stock after selling 42 shares during the quarter. Verus Capital Partners LLC’s holdings in CrowdStrike were worth $363,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CRWD. Berbice Capital Management LLC bought a new stake in CrowdStrike during the 4th quarter valued at $27,000. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% during 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 in the last quarter. FPC Investment Advisory Inc. increased its stake in CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC bought a new stake in CrowdStrike during the 4th quarter valued at $34,000. Finally, Princeton Global Asset Management LLC increased its stake in CrowdStrike by 240.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock valued at $38,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 2.5 %

Shares of CrowdStrike stock opened at $389.66 on Friday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The company has a market cap of $95.98 billion, a price-to-earnings ratio of 764.05, a PEG ratio of 17.86 and a beta of 1.16. 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’s 50-day moving average price is $386.94 and its 200-day moving average price is $335.50.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Mizuho upped their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price for the company. in a research note on Wednesday, November 27th. Susquehanna upped their target price on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. Finally, Bank of America upped their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $389.50.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 106,565 shares of company stock valued at $40,570,629. 4.34% of the stock is currently owned by corporate insiders.

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.