Sender Co & Partners Inc. Has $873,000 Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sender Co & Partners Inc. lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 40.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,550 shares of the company’s stock after selling 1,710 shares during the period. Sender Co & Partners Inc.’s holdings in CrowdStrike were worth $873,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Berbice Capital Management LLC acquired a new position in CrowdStrike in the 4th quarter valued at about $27,000. FPC Investment Advisory Inc. grew its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $34,000. Crowley Wealth Management Inc. acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $34,000. Finally, Millstone Evans Group LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In related news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at $12,969,492.30. This trade represents a 3.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Kurtz sold 55,556 shares of CrowdStrike stock in a transaction on Monday, May 5th. The stock was sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the transaction, the chief executive officer now directly owns 2,192,610 shares of the company’s stock, valued at $981,280,679.40. This represents a 2.47% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 189,431 shares of company stock valued at $76,275,228. Insiders own 3.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CRWD. Citigroup restated an “outperform” rating on shares of CrowdStrike in a research report on Monday, May 5th. Stifel Nicolaus decreased their target price on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. The Goldman Sachs Group restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Raymond James lowered shares of CrowdStrike from an “outperform” rating to a “cautious” rating in a research report on Monday, March 10th. Finally, Piper Sandler set a $347.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $403.56.

CrowdStrike Price Performance

CRWD stock opened at $439.26 on Friday. The company has a fifty day moving average price of $385.84 and a 200-day moving average price of $374.26. The company has a market capitalization of $108.88 billion, a P/E ratio of 861.31, a PEG ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

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.