CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Trivest Advisors Ltd

Trivest Advisors Ltd grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 34.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 175,000 shares of the company’s stock after purchasing an additional 45,000 shares during the quarter. CrowdStrike accounts for 2.7% of Trivest Advisors Ltd’s portfolio, making the stock its 12th largest position. Trivest Advisors Ltd owned about 0.07% of CrowdStrike worth $59,878,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CRWD. OneDigital Investment Advisors LLC grew its position in CrowdStrike by 26.6% during the third quarter. OneDigital Investment Advisors LLC now owns 4,188 shares of the company’s stock valued at $1,175,000 after purchasing an additional 881 shares in the last quarter. Natixis Advisors LLC increased its stake in CrowdStrike by 12.4% in the third quarter. Natixis Advisors LLC now owns 39,798 shares of the company’s stock valued at $11,162,000 after acquiring an additional 4,382 shares during the period. Claro Advisors LLC lifted its holdings in shares of CrowdStrike by 35.7% during the third quarter. Claro Advisors LLC now owns 1,613 shares of the company’s stock valued at $452,000 after acquiring an additional 424 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of CrowdStrike by 120.6% in the third quarter. Thrivent Financial for Lutherans now owns 89,282 shares of the company’s stock valued at $25,041,000 after acquiring an additional 48,808 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its stake in CrowdStrike by 23.6% in the third quarter. Cassaday & Co Wealth Management LLC now owns 1,094 shares of the company’s stock worth $307,000 after purchasing an additional 209 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.5 %

NASDAQ CRWD opened at $363.15 on Wednesday. The business’s fifty day simple moving average is $385.73 and its 200-day simple moving average is $343.12. The firm has a market cap of $89.45 billion, a PE ratio of 712.07, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CRWD. Bank of America raised their price target on shares of 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. Morgan Stanley assumed coverage on shares of CrowdStrike in a report on Tuesday. They set an “overweight” rating on the stock. Stifel Nicolaus decreased their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $450.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $398.78.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 100,315 shares of company stock worth $38,319,124 in the last three months. 4.34% of the stock is owned by company 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.