CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Key Client Fiduciary Advisors LLC

Key Client Fiduciary Advisors LLC reduced its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,341 shares of the company’s stock after selling 36 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in CrowdStrike were worth $459,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CRWD. Abich Financial Wealth Management LLC bought a new position in shares of CrowdStrike in the 2nd quarter worth about $25,000. Fortitude Family Office LLC lifted its holdings in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in CrowdStrike in the second quarter valued at approximately $38,000. Oakworth Capital Inc. bought a new position in shares of CrowdStrike during the third quarter valued at approximately $28,000. Finally, Tsfg LLC raised its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the period. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Down 0.1 %

Shares of CrowdStrike stock opened at $377.70 on Friday. 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 $93.03 billion, a P/E ratio of 740.60, a P/E/G ratio of 19.49 and a beta of 1.14. 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 stock has a 50-day moving average price of $357.22 and a 200 day moving average price of $311.97.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CRWD shares. Cantor Fitzgerald upped their price objective on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Citigroup upped their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Jefferies Financial Group lifted their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price for the company. in a research report on Wednesday, November 27th. Finally, Stifel Nicolaus lifted their price target on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $369.00.

Insider Activity

In other news, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. This trade represents a 41.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction dated 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 approximately $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 110,351 shares of company stock worth $38,935,113 in the last 90 days. Company insiders own 4.34% of the company’s stock.

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.