LM Advisors LLC Sells 700 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

LM Advisors LLC trimmed its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 32.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,425 shares of the company's stock after selling 700 shares during the quarter. LM Advisors LLC's holdings in CrowdStrike were worth $488,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of CRWD. FPC Investment Advisory Inc. boosted its holdings in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares during the last quarter. Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $34,000. Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $34,000. Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $34,000. Finally, Bellwether Advisors LLC acquired a new stake in CrowdStrike during the 4th quarter valued at $37,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 3.7%

CrowdStrike stock traded up $16.63 during trading hours on Tuesday, reaching $472.22. The company had a trading volume of 3,992,982 shares, compared to its average volume of 5,126,759. 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 company has a 50-day moving average price of $396.65 and a 200 day moving average price of $380.76. The firm has a market cap of $117.05 billion, a price-to-earnings ratio of 925.94, a P/E/G ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $474.19.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares of the company's stock, valued at approximately $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gerhard Watzinger sold 10,000 shares of the business's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $449.00, for a total value of $4,490,000.00. Following the transaction, the director now directly owns 49,500 shares in the company, valued at $22,225,500. This trade represents a 16.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 185,431 shares of company stock valued at $74,472,548 in the last ninety days. Company insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Cantor Fitzgerald restated an "overweight" rating and issued a $440.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. The Goldman Sachs Group reissued a "buy" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Needham & Company LLC reiterated a "buy" rating and issued a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Wells Fargo & Company increased their price target on CrowdStrike from $400.00 to $430.00 and gave the company an "overweight" rating in a research report on Wednesday, March 5th. Finally, Susquehanna lifted their price objective on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average target price of $403.83.

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.