Private Trust Co. NA Lowers Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Private Trust Co. NA reduced its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,339 shares of the company’s stock after selling 124 shares during the quarter. Private Trust Co. NA’s holdings in CrowdStrike were worth $1,827,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $27,000. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. boosted its stake in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $34,000. Finally, Princeton Global Asset Management LLC boosted its stake in shares of CrowdStrike by 240.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock worth $38,000 after acquiring an additional 96 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the sale, the director now directly owns 809,266 shares in the company, valued at approximately $282,708,984.44. This trade represents a 0.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,565 shares of company stock valued at $40,570,629 in the last 90 days. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $380.24 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The stock has a market capitalization of $93.66 billion, a PE ratio of 745.58, a P/E/G ratio of 17.86 and a beta of 1.16. The firm has a 50 day moving average of $386.39 and a two-hundred day moving average of $333.85.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CRWD. Royal Bank of Canada upped their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. UBS Group upped their price target on shares of CrowdStrike from $396.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday. Rosenblatt Securities upped their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, JMP Securities restated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $388.70.

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.