Hoey Investments Inc. Has $46,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Hoey Investments Inc. trimmed its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 99.5% in the fourth quarter, HoldingsChannel reports. The firm owned 135 shares of the company’s stock after selling 26,827 shares during the period. Hoey Investments Inc.’s holdings in CrowdStrike were worth $46,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Glenmede Trust Co. NA increased its holdings in shares of CrowdStrike by 119.1% in the third quarter. Glenmede Trust Co. NA now owns 2,927 shares of the company’s stock valued at $821,000 after purchasing an additional 1,591 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its stake in shares of CrowdStrike by 20.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 139,602 shares of the company’s stock valued at $39,154,000 after buying an additional 23,715 shares during the period. Cobblestone Capital Advisors LLC NY bought a new stake in shares of CrowdStrike during the third quarter worth $298,000. FSA Wealth Management LLC bought a new position in CrowdStrike in the third quarter valued at about $57,000. Finally, Kestra Investment Management LLC acquired a new stake in CrowdStrike in the third quarter worth about $592,000. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 13,543 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the sale, the president now owns 405,308 shares of the company’s stock, valued at $145,351,554.96. This trade represents a 3.23 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,801 shares of company stock valued at $42,092,255 over the last 90 days. 4.34% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CRWD shares. The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Needham & Company LLC reiterated a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Wedbush lifted their price objective on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Citigroup reissued a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, Rosenblatt Securities restated a “buy” rating and set a $450.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $399.62.

CrowdStrike Stock Down 1.3 %

CrowdStrike stock opened at $352.58 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company’s 50-day moving average is $388.06 and its 200-day moving average is $350.16. The firm has a market capitalization of $87.40 billion, a PE ratio of 691.35, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.

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.