Pathstone Holdings LLC Grows Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Pathstone Holdings LLC grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 379.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,286,200 shares of the company's stock after purchasing an additional 1,017,678 shares during the quarter. CrowdStrike makes up approximately 1.9% of Pathstone Holdings LLC's holdings, making the stock its 7th biggest holding. Pathstone Holdings LLC owned about 0.52% of CrowdStrike worth $440,116,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Empirical Asset Management LLC bought a new position in CrowdStrike during the 4th quarter worth approximately $11,310,000. Primoris Wealth Advisors LLC bought a new position in CrowdStrike during the 4th quarter worth approximately $2,166,000. Arcadia Investment Management Corp MI boosted its stake in CrowdStrike by 30.8% during the 4th quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock worth $4,090,000 after acquiring an additional 2,814 shares during the last quarter. Greenleaf Trust boosted its stake 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 acquiring an additional 1,033 shares during the last quarter. Finally, Trifecta Capital Advisors LLC boosted its stake 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 acquiring an additional 8,561 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

Insider Activity

In other news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at $12,969,492.30. This represents a 3.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 2,547 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $365.96, for a total transaction of $932,100.12. Following the completion of the transaction, the insider now directly owns 82,071 shares in the company, valued at $30,034,703.16. The trade was a 3.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 189,431 shares of company stock valued at $76,275,228 over the last ninety days. 3.32% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CRWD. Raymond James lowered shares of CrowdStrike from an "outperform" rating to a "cautious" rating in a research note on Monday, March 10th. Bank of America lifted their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. BMO Capital Markets lifted their price target on shares of CrowdStrike from $380.00 to $405.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Truist Financial cut their price target on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Finally, BTIG Research raised shares of CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 price target on the stock in a research note on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $403.56.

CrowdStrike Stock Performance

Shares of CRWD traded up $7.42 during trading hours on Friday, hitting $439.26. The company had a trading volume of 2,119,098 shares, compared to its average volume of 5,099,511. The firm has a market cap of $108.88 billion, a price-to-earnings ratio of 861.31, a PEG ratio of 17.86 and a beta of 1.22. The business has a fifty day moving average of $383.64 and a 200-day moving average of $373.37. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.