CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stake Lowered by Mark Sheptoff Financial Planning LLC

Mark Sheptoff Financial Planning LLC trimmed its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 50.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 200 shares of the company’s stock after selling 200 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in CrowdStrike were worth $68,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CRWD. Kingsview Wealth Management LLC raised its stake in shares of CrowdStrike by 9.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock worth $2,285,000 after purchasing an additional 684 shares in the last quarter. Fisher Asset Management LLC increased its holdings in CrowdStrike by 17.9% in the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock worth $626,000 after buying an additional 339 shares during the last quarter. Boston Family Office LLC raised its position in CrowdStrike by 64.7% during the third quarter. Boston Family Office LLC now owns 2,278 shares of the company’s stock valued at $639,000 after acquiring an additional 895 shares in the last quarter. Brown Brothers Harriman & Co. lifted its stake in CrowdStrike by 101.6% in the third quarter. Brown Brothers Harriman & Co. now owns 254 shares of the company’s stock valued at $71,000 after acquiring an additional 128 shares during the last quarter. Finally, Truvestments Capital LLC grew its position in CrowdStrike by 18.1% in the third quarter. Truvestments Capital LLC now owns 926 shares of the company’s stock worth $260,000 after acquiring an additional 142 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on CRWD. Truist Financial lifted their price objective on shares of CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Needham & Company LLC reiterated a “buy” rating and set a $420.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Bank of America increased their price objective on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Raymond James lowered CrowdStrike from an “outperform” rating to a “cautious” rating in a report on Monday, March 10th. Finally, Mizuho lifted their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $400.26.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $384.95 on Wednesday. The stock has a market capitalization of $95.42 billion, a P/E ratio of 754.82, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm has a 50 day moving average of $387.90 and a 200-day moving average of $347.04.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 2,858 shares of CrowdStrike stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the completion of the transaction, the chief accounting officer now directly owns 38,201 shares of the company’s stock, valued at $13,916,242.29. The trade was a 6.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the sale, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 113,659 shares of company stock worth $43,133,396. 4.34% of the stock is currently owned by insiders.

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.