Cladis Investment Advisory LLC Has $464,000 Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Cladis Investment Advisory LLC raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 56.2% during the third quarter, HoldingsChannel reports. The firm owned 1,653 shares of the company’s stock after acquiring an additional 595 shares during the quarter. Cladis Investment Advisory LLC’s holdings in CrowdStrike were worth $464,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Jennison Associates LLC lifted its stake 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 purchasing an additional 1,013,161 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of CrowdStrike by 17,926.3% in the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after acquiring an additional 920,695 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of CrowdStrike by 1,655.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after acquiring an additional 712,900 shares in the last quarter. Bank of New York Mellon Corp grew its position in CrowdStrike by 47.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after acquiring an additional 564,662 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in CrowdStrike by 248.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock worth $146,180,000 after purchasing an additional 371,695 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the sale, the insider now owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the transaction, the chief accounting officer now owns 38,962 shares in the company, valued at approximately $11,582,623.36. The trade was a 4.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 108,248 shares of company stock worth $32,465,110. 4.34% of the stock is owned by company insiders.

CrowdStrike Price Performance

CrowdStrike stock opened at $345.97 on Monday. The stock has a market cap of $84.81 billion, a P/E ratio of 678.39, a P/E/G ratio of 25.05 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company’s 50 day moving average price is $315.80 and its two-hundred day moving average price is $312.87. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CRWD. Scotiabank reduced their price target on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 14th. Canaccord Genuity Group restated a “buy” rating and issued a $330.00 price target on shares of CrowdStrike in a research report on Monday, September 30th. Robert W. Baird lifted their price target on shares of CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Barclays increased their price objective on CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Finally, HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $355.80.

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.