CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC trimmed its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,949 shares of the company’s stock after selling 3,010 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in CrowdStrike were worth $14,380,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC boosted its holdings in shares of CrowdStrike by 9.2% in the third quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock valued at $2,285,000 after acquiring an additional 684 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of CrowdStrike by 17.9% in the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock valued at $626,000 after buying an additional 339 shares during the period. Boston Family Office LLC boosted its stake in CrowdStrike by 64.7% during the third quarter. Boston Family Office LLC now owns 2,278 shares of the company’s stock valued at $639,000 after buying an additional 895 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in CrowdStrike by 101.6% during the third quarter. Brown Brothers Harriman & Co. now owns 254 shares of the company’s stock worth $71,000 after acquiring an additional 128 shares during the period. Finally, Truvestments Capital LLC raised its position in CrowdStrike by 18.1% in the third quarter. Truvestments Capital LLC now owns 926 shares of the company’s stock worth $260,000 after acquiring an additional 142 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, insider Shawn Henry sold 2,547 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $365.96, for a total value of $932,100.12. Following the completion of the sale, the insider now directly owns 82,071 shares of the company’s stock, valued at $30,034,703.16. This represents a 3.01 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Anurag Saha sold 2,141 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $371.79, for a total transaction of $796,002.39. Following the transaction, the chief accounting officer now owns 34,024 shares in the company, valued at approximately $12,649,782.96. The trade was a 5.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 113,659 shares of company stock valued at $43,133,396 in the last 90 days. 4.34% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CRWD. Wedbush lifted their price objective on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Mizuho increased their price objective on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. DA Davidson lifted their target price on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, March 5th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $400.26.

CrowdStrike Trading Up 3.3 %

Shares of NASDAQ:CRWD opened at $384.95 on Wednesday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market cap of $95.42 billion, a P/E ratio of 754.82, a P/E/G ratio of 17.86 and a beta of 1.19. The stock’s 50-day moving average is $387.90 and its 200-day moving average is $347.04.

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.