Bokf Na Sells 3,077 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

BOKF NA decreased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 13.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,838 shares of the company's stock after selling 3,077 shares during the period. BOKF NA's holdings in CrowdStrike were worth $6,920,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Brandywine Trust Co. bought a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $846,000. Captrust Financial Advisors increased its stake in CrowdStrike by 2.7% during the 4th quarter. Captrust Financial Advisors now owns 55,654 shares of the company's stock valued at $19,043,000 after purchasing an additional 1,450 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in CrowdStrike during the fourth quarter worth $3,132,000. Baird Financial Group Inc. lifted its stake in shares of CrowdStrike by 50.8% in the fourth quarter. Baird Financial Group Inc. now owns 40,316 shares of the company's stock valued at $13,795,000 after buying an additional 13,576 shares in the last quarter. Finally, BNP Paribas grew its holdings in shares of CrowdStrike by 173.8% during the fourth quarter. BNP Paribas now owns 13,733 shares of the company's stock valued at $4,700,000 after buying an additional 8,717 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the insider now owns 94,214 shares in the company, valued at $42,459,423.38. The trade was a 4.07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Kurtz sold 55,556 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $447.54, for a total value of $24,863,532.24. Following the completion of the sale, the chief executive officer now directly owns 2,192,610 shares of the company's stock, valued at approximately $981,280,679.40. This represents a 2.47 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 206,551 shares of company stock valued at $83,604,814. Insiders own 4.34% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. JMP Securities boosted their price objective on CrowdStrike from $400.00 to $500.00 and gave the stock a "market outperform" rating in a report on Monday, May 5th. Scotiabank reissued a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. JPMorgan Chase & Co. lifted their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an "overweight" rating in a report on Friday, February 28th. Wells Fargo & Company upped their target price on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 5th. Finally, Citigroup reissued an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $403.20.

CrowdStrike Price Performance

CrowdStrike stock traded down $17.90 during mid-day trading on Friday, hitting $410.73. 4,689,624 shares of the company traded hands, compared to its average volume of 5,092,281. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The stock has a market cap 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. The stock has a fifty day moving average price of $376.01 and a 200-day moving average price of $369.70.

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.