Global Financial Private Client LLC Sells 155 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Global Financial Private Client LLC cut its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 909 shares of the company’s stock after selling 155 shares during the period. Global Financial Private Client LLC’s holdings in CrowdStrike were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC increased its stake in CrowdStrike by 50,536.2% in the 1st quarter. GAMMA Investing LLC now owns 1,086,652 shares of the company’s stock worth $383,132,000 after buying an additional 1,084,506 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in CrowdStrike by 6.2% in the 1st quarter. AdvisorNet Financial Inc now owns 1,544 shares of the company’s stock worth $544,000 after purchasing an additional 90 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in CrowdStrike by 5.1% during the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 2,313 shares of the company’s stock valued at $816,000 after buying an additional 113 shares in the last quarter. Moody National Bank Trust Division grew its holdings in CrowdStrike by 4.7% during the 1st quarter. Moody National Bank Trust Division now owns 3,417 shares of the company’s stock valued at $1,205,000 after buying an additional 152 shares in the last quarter. Finally, Legacy Wealth Management LLC MS bought a new stake in shares of CrowdStrike during the first quarter valued at approximately $283,000. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on CRWD shares. Truist Financial dropped their price objective on shares of CrowdStrike from $460.00 to $450.00 and set a “buy” rating for the company in a report on Monday, March 31st. UBS Group boosted their target price on CrowdStrike from $425.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday. DZ Bank cut CrowdStrike from a “strong-buy” rating to a “strong sell” rating and set a $370.00 price objective on the stock. in a report on Thursday, May 22nd. Rosenblatt Securities reissued a “buy” rating and issued a $450.00 target price on shares of CrowdStrike in a report on Thursday, May 8th. Finally, Wedbush boosted their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Three 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’s stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $407.29.

CrowdStrike Stock Down 2.1%

Shares of CrowdStrike stock opened at $458.81 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $474.23. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market cap of $113.73 billion, a price-to-earnings ratio of 899.65, a PEG ratio of 17.86 and a beta of 1.22. The firm’s 50-day moving average is $402.56 and its two-hundred day moving average is $382.80.

Insider Activity

In other news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the transaction, the insider now directly owns 89,714 shares of the company’s stock, valued at approximately $31,669,042. The trade was a 4.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 13,543 shares of the company’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $4,856,790.66. Following the sale, the president now owns 405,308 shares of the company’s stock, valued at $145,351,554.96. This trade represents a 3.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 195,431 shares of company stock worth $79,162,548. Corporate insiders own 3.32% of the company’s stock.

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.