CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Warther Private Wealth LLC

Warther Private Wealth LLC trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 69.8% in the 4th quarter, HoldingsChannel reports. The firm owned 896 shares of the company’s stock after selling 2,071 shares during the period. Warther Private Wealth LLC’s holdings in CrowdStrike were worth $307,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of CRWD. Berbice Capital Management LLC acquired a new stake in CrowdStrike during the 4th quarter worth $27,000. Fortitude Family Office LLC grew its position in shares of CrowdStrike by 112.8% during 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. Oakworth Capital Inc. acquired a new position in shares of CrowdStrike in the 3rd quarter valued at $28,000. Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the 4th quarter valued at $34,000. Finally, Tsfg LLC boosted its stake in 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. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, CEO George Kurtz sold 18,071 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the completion of the transaction, the chief executive officer now directly owns 2,159,935 shares in the company, valued at $776,928,619.50. This trade represents a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerhard Watzinger sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the sale, the director now directly owns 42,391 shares in the company, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,565 shares of company stock valued at $50,597,609 in the last quarter. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $431.64 on Wednesday. The company has a market cap of $106.32 billion, a PE ratio of 846.37, a P/E/G ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $434.78. The firm has a 50-day simple moving average of $370.16 and a 200 day simple moving average of $317.93. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Morgan Stanley boosted their target price on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. BMO Capital Markets raised their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Oppenheimer upped their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Wedbush set a $330.00 price objective on shares of CrowdStrike in a research report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $372.13.

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.