Saxony Capital Management LLC Sells 313 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Saxony Capital Management LLC lessened its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 30.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 711 shares of the company’s stock after selling 313 shares during the period. Saxony Capital Management LLC’s holdings in CrowdStrike were worth $243,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CRWD. State Street Corp raised its position in shares of CrowdStrike by 2.9% in the third 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 grew its holdings in CrowdStrike by 25.0% in the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after buying an additional 1,013,161 shares in the last quarter. Geode Capital Management LLC increased its position in CrowdStrike by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock worth $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 position in shares of CrowdStrike by 12.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock valued at $440,461,000 after acquiring an additional 171,861 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of CrowdStrike by 1.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock valued at $379,895,000 after acquiring an additional 20,899 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 30,000 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now directly owns 42,391 shares in the company, valued at $14,791,491.63. The trade was a 41.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the transaction, the president now owns 389,589 shares of the company’s stock, valued at $139,655,968.83. The trade was a 2.70 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CRWD. KeyCorp lifted their price objective on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. JPMorgan Chase & Co. increased their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Robert W. Baird boosted their price objective on shares of CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $369.00.

CrowdStrike Trading Down 0.1 %

Shares of CrowdStrike stock opened at $396.87 on Friday. The stock has a market capitalization of $97.75 billion, a PE ratio of 778.19, a price-to-earnings-growth ratio of 21.08 and a beta of 1.14. The stock has a 50 day moving average price of $362.10 and a two-hundred day moving average price of $312.84. 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 Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $411.30.

About CrowdStrike

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.