CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Decreased by Cladis Investment Advisory LLC

Cladis Investment Advisory LLC cut its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 27.6% in the fourth quarter, Holdings Channel reports. The firm owned 1,065 shares of the company’s stock after selling 405 shares during the period. Cladis Investment Advisory LLC’s holdings in CrowdStrike were worth $272,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Central Asset Investments & Management Holdings HK Ltd raised its stake in shares of CrowdStrike by 31.3% in the 4th quarter. Central Asset Investments & Management Holdings HK Ltd now owns 2,100 shares of the company’s stock valued at $536,000 after acquiring an additional 500 shares in the last quarter. Prudential PLC raised its stake in shares of CrowdStrike by 20.3% in the 4th quarter. Prudential PLC now owns 6,792 shares of the company’s stock valued at $1,734,000 after acquiring an additional 1,144 shares in the last quarter. Azimuth Capital Investment Management LLC bought a new position in shares of CrowdStrike in the 4th quarter valued at approximately $10,319,000. Vinva Investment Management Ltd raised its stake in shares of CrowdStrike by 41.2% in the 4th quarter. Vinva Investment Management Ltd now owns 7,840 shares of the company’s stock valued at $2,008,000 after acquiring an additional 2,287 shares in the last quarter. Finally, Morningstar Investment Services LLC bought a new position in shares of CrowdStrike in the 4th quarter valued at approximately $210,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Trading Up 2.5 %

NASDAQ CRWD traded up $8.63 on Friday, reaching $349.12. The company had a trading volume of 5,096,773 shares, compared to its average volume of 3,822,291. CrowdStrike Holdings, Inc. has a 52 week low of $139.37 and a 52 week high of $365.00. The company has a quick ratio of 1.76, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. The stock has a market cap of $84.44 billion, a price-to-earnings ratio of 658.73, a PEG ratio of 14.02 and a beta of 1.08. The stock’s 50 day moving average is $318.63 and its 200-day moving average is $297.16.

CrowdStrike (NASDAQ:CRWDGet Free Report) last posted its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. The firm had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. Equities analysts predict that CrowdStrike Holdings, Inc. will post 1.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $420.00 price objective on shares of CrowdStrike in a research note on Wednesday. The Goldman Sachs Group lifted their price target on CrowdStrike from $222.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Piper Sandler reaffirmed an “overweight” rating and issued a $400.00 price target on shares of CrowdStrike in a research report on Wednesday. TD Cowen lifted their price target on CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Finally, Mizuho dropped their price target on CrowdStrike from $390.00 to $370.00 and set a “buy” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $375.61.

View Our Latest Report on CrowdStrike

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 5,424 shares of the business’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $349.01, for a total value of $1,893,030.24. Following the completion of the transaction, the chief financial officer now directly owns 308,593 shares of the company’s stock, valued at $107,702,042.93. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $333.52, for a total transaction of $1,334,080.00. Following the completion of the transaction, the insider now directly owns 204,961 shares of the company’s stock, valued at $68,358,592.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Burt W. Podbere sold 5,424 shares of the company’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $349.01, for a total value of $1,893,030.24. Following the transaction, the chief financial officer now directly owns 308,593 shares of the company’s stock, valued at $107,702,042.93. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 317,000 shares of company stock valued at $101,229,160. Company insiders own 4.34% of the company’s stock.

CrowdStrike Profile

(Free Report)

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.

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Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report).

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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