Wilmington Savings Fund Society FSB Increases Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Wilmington Savings Fund Society FSB increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,746 shares of the company’s stock after acquiring an additional 43 shares during the period. Wilmington Savings Fund Society FSB’s holdings in CrowdStrike were worth $1,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Livforsakringsbolaget Skandia Omsesidigt boosted its position in CrowdStrike by 423.3% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,978 shares of the company’s stock valued at $555,000 after buying an additional 1,600 shares during the last quarter. Gateway Investment Advisers LLC boosted its holdings in shares of CrowdStrike by 5,113.9% in the 3rd quarter. Gateway Investment Advisers LLC now owns 30,762 shares of the company’s stock valued at $8,628,000 after acquiring an additional 30,172 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of CrowdStrike by 2.1% in the third quarter. Ritholtz Wealth Management now owns 2,209 shares of the company’s stock worth $620,000 after acquiring an additional 45 shares during the period. InTrack Investment Management Inc raised its holdings in shares of CrowdStrike by 114.3% during the third quarter. InTrack Investment Management Inc now owns 4,294 shares of the company’s stock worth $1,204,000 after purchasing an additional 2,290 shares during the last quarter. Finally, City State Bank lifted its position in CrowdStrike by 45.6% during the third quarter. City State Bank now owns 1,853 shares of the company’s stock valued at $520,000 after purchasing an additional 580 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.3 %

Shares of CRWD stock opened at $421.59 on Monday. The company has a 50-day moving average of $368.52 and a two-hundred day moving average of $316.29. The firm has a market cap of $103.84 billion, a PE ratio of 826.66, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $431.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now directly owns 389,589 shares in the company, valued at $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike 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 directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. The trade was a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 111,565 shares of company stock valued at $39,898,614. Company insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on CRWD shares. Susquehanna increased their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research report on Wednesday, November 27th. BMO Capital Markets lifted their price target on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. boosted their price target on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. KeyCorp lifted their target price on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Finally, The Goldman Sachs Group increased their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, December 24th. One analyst has rated the stock with a sell rating, eleven have given 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $370.00.

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.