Watts Gwilliam & Co. LLC Sells 270 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Watts Gwilliam & Co. LLC cut its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,545 shares of the company’s stock after selling 270 shares during the quarter. Watts Gwilliam & Co. LLC’s holdings in CrowdStrike were worth $1,996,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Synergy Financial Group LTD boosted its holdings in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares during the last quarter. Sunpointe LLC boosted its position in shares of CrowdStrike by 3.1% during the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after acquiring an additional 34 shares during the last quarter. Hilltop Holdings Inc. lifted its position in CrowdStrike by 1.8% during the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock valued at $542,000 after purchasing an additional 34 shares during the last quarter. Interchange Capital Partners LLC grew its stake in shares of CrowdStrike by 1.1% in the 3rd quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock worth $1,036,000 after buying an additional 39 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in shares of CrowdStrike by 9.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock worth $134,000 after buying an additional 40 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the sale, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction that occurred on 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 sale, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock worth $38,752,993 over the last 90 days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 0.3 %

Shares of CRWD stock opened at $358.72 on Friday. The stock’s fifty day moving average price is $351.26 and its 200 day moving average price is $314.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a market cap of $88.36 billion, a price-to-earnings ratio of 703.39, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CRWD shares. Rosenblatt Securities boosted their price objective on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Cantor Fitzgerald boosted their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Piper Sandler raised their price target on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group increased their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research note on Tuesday, December 24th. Finally, Morgan Stanley lifted their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $365.88.

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.