AEGON ASSET MANAGEMENT UK Plc Sells 33,428 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AEGON ASSET MANAGEMENT UK Plc trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 22.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,426 shares of the company’s stock after selling 33,428 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in CrowdStrike were worth $41,736,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Primoris Wealth Advisors LLC bought a new position in shares of CrowdStrike during the fourth quarter valued at $2,166,000. Arcadia Investment Management Corp MI increased its holdings in CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after purchasing an additional 2,814 shares during the period. Greenleaf Trust raised its position in CrowdStrike by 53.4% during the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after purchasing an additional 1,033 shares during the last quarter. Trifecta Capital Advisors LLC lifted its holdings in CrowdStrike by 2,140.3% during the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after buying an additional 8,561 shares during the period. Finally, Delta Financial Group Inc. bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $336,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 1.7%

NASDAQ CRWD opened at $479.17 on Tuesday. The business’s fifty day moving average is $406.34 and its 200-day moving average is $385.17. 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 capitalization of $118.77 billion, a price-to-earnings ratio of 939.57, a PEG ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $479.97.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Raymond James downgraded CrowdStrike from an “outperform” rating to a “cautious” rating in a research report on Monday, March 10th. UBS Group raised their price target on shares of CrowdStrike from $425.00 to $545.00 and gave the stock a “buy” rating in a report on Thursday, May 29th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. KeyCorp decreased their price objective on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. Finally, Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $412.52.

Insider Buying and Selling

In other CrowdStrike news, CEO George Kurtz sold 55,556 shares of the business’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the sale, the chief executive officer now owns 2,192,610 shares of the company’s stock, valued at $981,280,679.40. The trade was a 2.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gerhard Watzinger sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $469.00, for a total value of $4,690,000.00. Following the completion of the transaction, the director now directly owns 39,500 shares of the company’s stock, valued at $18,525,500. The trade was a 20.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 195,431 shares of company stock worth $79,162,548. Insiders own 3.32% of the company’s stock.

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.