CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Watts Gwilliam & Co. LLC

Watts Gwilliam & Co. LLC lessened its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,545 shares of the company’s stock after selling 270 shares during the quarter. Watts Gwilliam & Co. LLC’s holdings in CrowdStrike were worth $1,996,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fulton Bank N.A. increased its stake in shares of CrowdStrike by 3.2% in the 4th quarter. Fulton Bank N.A. now owns 2,211 shares of the company’s stock valued at $757,000 after purchasing an additional 68 shares in the last quarter. Regent Peak Wealth Advisors LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $212,000. Bank of New Hampshire raised its stake in shares of CrowdStrike by 14.5% during the 4th quarter. Bank of New Hampshire now owns 4,111 shares of the company’s stock worth $1,407,000 after buying an additional 520 shares during the period. Fortem Financial Group LLC lifted its position in shares of CrowdStrike by 3.1% during the 4th quarter. Fortem Financial Group LLC now owns 1,677 shares of the company’s stock valued at $574,000 after buying an additional 50 shares in the last quarter. Finally, Bard Financial Services Inc. grew its stake in CrowdStrike by 2.3% in the 4th quarter. Bard Financial Services Inc. now owns 2,220 shares of the company’s stock valued at $760,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the sale, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 110,351 shares of company stock worth $38,752,993. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CRWD stock opened at $358.72 on Friday. The business’s 50-day moving average is $351.26 and its two-hundred day moving average is $314.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $88.36 billion, a P/E ratio of 703.39, a P/E/G ratio of 19.48 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Rosenblatt Securities increased their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Wells Fargo & Company increased their target price on CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Jefferies Financial Group raised their price objective on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Bank of America boosted their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Finally, Susquehanna increased their price objective on shares of CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.88.

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.