CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Reduced by Banco Santander S.A.

Banco Santander S.A. lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 76.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,069 shares of the company’s stock after selling 19,998 shares during the period. Banco Santander S.A.’s holdings in CrowdStrike were worth $2,077,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Empirical Asset Management LLC bought a new stake in shares of CrowdStrike during the 4th quarter worth about $11,310,000. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of CrowdStrike by 10.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after acquiring an additional 78,305 shares in the last quarter. Hemenway Trust Co LLC boosted its stake in shares of CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock worth $1,922,000 after acquiring an additional 5,352 shares in the last quarter. Arcadia Investment Management Corp MI boosted its stake in shares of CrowdStrike by 30.8% during the 4th quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock worth $4,090,000 after acquiring an additional 2,814 shares in the last quarter. Finally, Greenleaf Trust boosted its stake in shares of CrowdStrike by 53.4% during the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after acquiring an additional 1,033 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CRWD. Truist Financial boosted their price objective on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Cantor Fitzgerald reissued an “overweight” rating and set a $440.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. UBS Group cut their price objective on CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Finally, Canaccord Genuity Group boosted their price objective on CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $400.10.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,217 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.14, for a total value of $4,017,256.38. Following the completion of the sale, the chief financial officer now directly owns 290,711 shares of the company’s stock, valued at approximately $104,115,237.54. This trade represents a 3.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on 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 sale, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,315 shares of company stock valued at $38,387,254. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 4.1 %

CRWD stock opened at $333.50 on Monday. The business has a fifty day moving average price of $387.07 and a 200 day moving average price of $339.51. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The stock has a market capitalization of $82.14 billion, a price-to-earnings ratio of 653.93, a P/E/G ratio of 17.86 and a beta of 1.19. 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 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.