Fiduciary Trust Co Purchases 166 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fiduciary Trust Co boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,960 shares of the company’s stock after buying an additional 166 shares during the period. Fiduciary Trust Co’s holdings in CrowdStrike were worth $2,724,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fred Alger Management LLC grew its holdings in shares of CrowdStrike by 23.2% during the fourth quarter. Fred Alger Management LLC now owns 95,672 shares of the company’s stock worth $32,735,000 after purchasing an additional 18,027 shares in the last quarter. Family Management Corp lifted its position in CrowdStrike by 4.2% during the fourth quarter. Family Management Corp now owns 1,239 shares of the company’s stock valued at $424,000 after purchasing an additional 50 shares during the last quarter. Circle Wealth Management LLC grew its stake in CrowdStrike by 5.6% in the 4th quarter. Circle Wealth Management LLC now owns 13,909 shares of the company’s stock worth $4,759,000 after buying an additional 738 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of CrowdStrike by 24.3% in the 4th quarter. Deutsche Bank AG now owns 892,603 shares of the company’s stock worth $305,413,000 after buying an additional 174,699 shares during the last quarter. Finally, Diligent Investors LLC raised its position in shares of CrowdStrike by 3.6% during the 4th quarter. Diligent Investors LLC now owns 1,450 shares of the company’s stock valued at $496,000 after buying an additional 50 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CRWD shares. Robert W. Baird lowered their price target on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 5th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Wednesday, March 5th. UBS Group cut their target price on CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Bank of America lifted their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $420.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $403.20.

CrowdStrike Trading Down 4.2 %

CrowdStrike stock opened at $410.73 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The business’s fifty day simple moving average is $376.01 and its two-hundred day simple moving average is $369.70. The company has a market capitalization of $101.81 billion, a price-to-earnings ratio of 805.37, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Insider Activity at CrowdStrike

In other news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97 % 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 business’s stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the completion of the transaction, the director now owns 768,092 shares of the company’s stock, valued at $248,984,702.72. This represents a 0.81 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 206,551 shares of company stock valued at $83,604,814. 4.34% of the stock is owned by insiders.

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.