Snider Financial Group Reduces Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Snider Financial Group reduced its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,008 shares of the company’s stock after selling 480 shares during the period. Snider Financial Group’s holdings in CrowdStrike were worth $3,082,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. raised its stake in shares of CrowdStrike by 61.1% in the third quarter. Harbor Capital Advisors Inc. now owns 3,521 shares of the company’s stock valued at $988,000 after acquiring an additional 1,335 shares in the last quarter. National Pension Service raised its position in CrowdStrike by 19.3% in the 3rd quarter. National Pension Service now owns 316,512 shares of the company’s stock valued at $88,772,000 after purchasing an additional 51,134 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of CrowdStrike by 8.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 123,672 shares of the company’s stock valued at $34,686,000 after buying an additional 9,716 shares during the period. QRG Capital Management Inc. grew its position in shares of CrowdStrike by 0.7% during the third quarter. QRG Capital Management Inc. now owns 40,948 shares of the company’s stock worth $11,485,000 after buying an additional 270 shares in the last quarter. Finally, PDS Planning Inc increased its stake in shares of CrowdStrike by 58.6% during the third quarter. PDS Planning Inc now owns 2,019 shares of the company’s stock worth $566,000 after buying an additional 746 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 17,120 shares of CrowdStrike stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the sale, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 100,315 shares of company stock worth $38,387,254. 4.34% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of recent research reports. Truist Financial lifted their price target on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Evercore ISI increased their target price on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, November 25th. Needham & Company LLC raised their price target on CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Stifel Nicolaus upped their price objective on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. Finally, KeyCorp increased their target price on shares of CrowdStrike from $395.00 to $480.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. 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 data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $391.75.

CrowdStrike Trading Up 1.9 %

NASDAQ:CRWD opened at $390.16 on Wednesday. The firm has a market capitalization of $96.10 billion, a P/E ratio of 765.03, a P/E/G ratio of 17.86 and a beta of 1.16. The business has a 50 day simple moving average of $387.85 and a 200 day simple moving average of $337.82. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

CrowdStrike Company 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.