B. Metzler seel. Sohn & Co. AG raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,348 shares of the company’s stock after purchasing an additional 138 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in CrowdStrike were worth $2,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC grew its stake in shares of CrowdStrike by 1.9% in the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after acquiring an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its position in shares of CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after purchasing an additional 27 shares in the last quarter. Wintrust Investments LLC increased its holdings in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after purchasing an additional 29 shares during the period. Synergy Financial Group LTD raised its position in shares of CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after buying an additional 30 shares in the last quarter. Finally, Greenwich Wealth Management LLC boosted its stake in shares of CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after buying an additional 30 shares during the period. Institutional investors own 71.16% of the company’s stock.
Insider Activity
In related news, CEO George Kurtz sold 22,449 shares of the business’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.68, for a total value of $8,052,007.32. Following the transaction, the chief executive officer now owns 2,178,452 shares in the company, valued at $781,367,163.36. The trade was a 1.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 2,547 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $365.96, for a total value of $932,100.12. Following the sale, the insider now owns 82,071 shares of the company’s stock, valued at approximately $30,034,703.16. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,801 shares of company stock valued at $42,092,255. 4.34% of the stock is currently owned by insiders.
CrowdStrike Stock Performance
Analyst Upgrades and Downgrades
Several brokerages have weighed in on CRWD. JPMorgan Chase & Co. lifted their price objective on CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Wells Fargo & Company boosted their price target on CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Robert W. Baird reduced their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 5th. Cantor Fitzgerald restated an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target for the company in a report on Tuesday, March 25th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $400.88.
Read Our Latest Stock Report on CrowdStrike
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.
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