Brandywine Trust Co. Purchases Shares of 2,472 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Brandywine Trust Co. acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,472 shares of the company's stock, valued at approximately $846,000. CrowdStrike makes up 0.1% of Brandywine Trust Co.'s investment portfolio, making the stock its 18th biggest holding.

Several other institutional investors have also recently modified their holdings of CRWD. Captrust Financial Advisors raised its position in CrowdStrike by 2.7% in the 4th quarter. Captrust Financial Advisors now owns 55,654 shares of the company's stock worth $19,043,000 after purchasing an additional 1,450 shares during the period. Cary Street Partners Financial LLC purchased a new stake in CrowdStrike during the fourth quarter valued at about $3,132,000. Baird Financial Group Inc. grew its stake in shares of CrowdStrike by 50.8% during 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 during the last quarter. BNP Paribas increased its holdings in shares of CrowdStrike by 173.8% in the fourth quarter. BNP Paribas now owns 13,733 shares of the company's stock worth $4,700,000 after buying an additional 8,717 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of CrowdStrike by 11.0% in the 4th quarter. Ameriprise Financial Inc. now owns 1,754,074 shares of the company's stock valued at $600,310,000 after acquiring an additional 173,426 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $443.47 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm's 50-day moving average price is $372.76 and its 200-day moving average price is $367.27. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a market cap of $109.92 billion, a PE ratio of 869.57, a PEG ratio of 17.86 and a beta of 1.22.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly 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 document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the completion of the transaction, the director now owns 805,592 shares in the company, valued at $332,218,084.88. This trade represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 139,125 shares of company stock worth $53,208,049. 4.34% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CRWD shares. Susquehanna lifted their price target on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research note on Wednesday, March 5th. Rosenblatt Securities reiterated a "buy" rating and set a $450.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. Mizuho boosted their price objective on shares of CrowdStrike from $385.00 to $450.00 and gave the company an "outperform" rating in a research report on Wednesday, February 12th. JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an "overweight" rating in a report on Friday, February 28th. Finally, BTIG Research upgraded CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 price target on the stock in a report on Tuesday, March 25th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $403.20.

CrowdStrike 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.

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