Sigma Planning Corp Has $1.77 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sigma Planning Corp lessened its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,920 shares of the company’s stock after selling 1,156 shares during the period. Sigma Planning Corp’s holdings in CrowdStrike were worth $1,767,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of CrowdStrike by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock worth $2,463,451,000 after acquiring an additional 150,898 shares during the last quarter. BlackRock Inc. increased its stake in CrowdStrike by 1.9% in the 1st quarter. BlackRock Inc. now owns 13,668,541 shares of the company’s stock valued at $1,876,144,000 after buying an additional 255,625 shares during the last quarter. Morgan Stanley increased its stake in CrowdStrike by 124.4% in the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after buying an additional 2,757,251 shares during the last quarter. State Street Corp increased its stake in CrowdStrike by 3.0% in the 1st quarter. State Street Corp now owns 4,322,377 shares of the company’s stock valued at $593,280,000 after buying an additional 127,620 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in CrowdStrike by 62.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,761,214 shares of the company’s stock valued at $396,019,000 after buying an additional 1,440,905 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several analyst reports. Morgan Stanley increased their price objective on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a research note on Wednesday, March 13th. DA Davidson increased their price objective on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. HSBC increased their price objective on shares of CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $400.00 price objective on shares of CrowdStrike in a research note on Wednesday, April 17th. Finally, Wells Fargo & Company increased their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $371.87.

Insider Activity

In other news, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the sale, the chief executive officer now owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the sale, the chief executive officer now owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,019 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares in the company, valued at approximately $11,773,108.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 3.9 %

Shares of NASDAQ:CRWD opened at $282.64 on Monday. The firm has a fifty day moving average price of $317.72 and a two-hundred day moving average price of $265.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. CrowdStrike Holdings, Inc. has a one year low of $115.67 and a one year high of $365.00. The company has a market cap of $68.36 billion, a price-to-earnings ratio of 785.13, a PEG ratio of 11.30 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. The firm had revenue of $845.34 million during the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

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.