Leelyn Smith LLC Buys 386 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Leelyn Smith LLC increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,704 shares of the company’s stock after acquiring an additional 386 shares during the quarter. Leelyn Smith LLC’s holdings in CrowdStrike were worth $2,294,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. State Street Corp lifted its stake in shares of CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after purchasing an additional 275,717 shares during the period. Jennison Associates LLC increased its holdings in CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after purchasing an additional 352,180 shares in the last quarter. Geode Capital Management LLC lifted its stake in CrowdStrike by 2.0% in the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock valued at $1,367,505,000 after buying an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of CrowdStrike by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock worth $440,461,000 after buying an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of CrowdStrike by 4.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,419,075 shares of the company’s stock worth $485,551,000 after buying an additional 64,581 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 18,071 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the sale, the chief executive officer now directly owns 2,159,935 shares in the company, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,315 shares of company stock valued at $38,319,124. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 3.1 %

Shares of CRWD stock opened at $364.83 on Tuesday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $385.67 and a 200-day moving average of $342.51. The firm has a market cap of $89.86 billion, a P/E ratio of 715.37, a PEG ratio of 17.86 and a beta of 1.19.

Analysts Set New Price Targets

CRWD has been the topic of a number of research reports. Oppenheimer boosted their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. KeyCorp dropped their price objective on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Wedbush raised their target price on CrowdStrike from $390.00 to $395.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Mizuho upped their price target on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of CrowdStrike in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $398.78.

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.