Coyle Financial Counsel LLC Sells 100 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Coyle Financial Counsel LLC lowered its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 660 shares of the company’s stock after selling 100 shares during the quarter. Coyle Financial Counsel LLC’s holdings in CrowdStrike were worth $226,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Empirical Asset Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth approximately $11,310,000. Beacon Financial Advisory LLC acquired a new position in shares of CrowdStrike in the 3rd quarter worth approximately $955,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after buying an additional 78,305 shares in the last quarter. Hemenway Trust Co LLC raised its holdings in shares of CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock worth $1,922,000 after buying an additional 5,352 shares in the last quarter. Finally, Greenleaf Trust raised its holdings in shares of CrowdStrike by 53.4% in the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after buying an additional 1,033 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was 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 directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 136,565 shares of company stock valued at $51,038,529. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 3.7 %

Shares of CrowdStrike stock opened at $391.72 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The business has a fifty day simple moving average of $384.83 and a 200 day simple moving average of $332.12. The stock has a market cap of $96.48 billion, a PE ratio of 768.09, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Citigroup reissued a “buy” rating on shares of CrowdStrike in a report on Wednesday, February 5th. CICC Research assumed coverage on CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 target price for the company. Barclays increased their target price on CrowdStrike from $372.00 to $506.00 and gave the stock an “overweight” rating in a report on Friday. Rosenblatt Securities raised their price target on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $383.08.

About CrowdStrike

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.