Private Advisor Group LLC Has $17.35 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Private Advisor Group LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 50,719 shares of the company’s stock after acquiring an additional 1,423 shares during the period. Private Advisor Group LLC’s holdings in CrowdStrike were worth $17,354,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Jennison Associates LLC raised its holdings in shares of CrowdStrike by 25.0% in the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after purchasing an additional 1,013,161 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after purchasing an additional 920,695 shares during the last quarter. Daiwa Securities Group Inc. grew its position in CrowdStrike by 1,655.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after purchasing an additional 712,900 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in CrowdStrike by 248.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after buying an additional 371,695 shares during the last quarter. Finally, State Street Corp lifted its position in shares of CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after buying an additional 275,717 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the completion of the sale, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,565 shares of company stock worth $51,038,529 over the last 90 days. Corporate insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Piper Sandler increased their price target on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. JMP Securities reissued a “market outperform” rating and issued a $400.00 price target on shares of CrowdStrike in a report on Monday, November 4th. KeyCorp raised their price objective on shares of CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Needham & Company LLC boosted their target price on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $379.73.

CrowdStrike Stock Performance

CrowdStrike stock opened at $450.14 on Thursday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The firm’s fifty day moving average price is $382.58 and its 200-day moving average price is $327.63. The stock has a market cap of $110.87 billion, a P/E ratio of 882.64, a price-to-earnings-growth ratio of 18.50 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

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.