Neville Rodie & Shaw Inc. Boosts Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Neville Rodie & Shaw Inc. grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 16.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,618 shares of the company's stock after buying an additional 935 shares during the quarter. Neville Rodie & Shaw Inc.'s holdings in CrowdStrike were worth $2,333,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in CRWD. FSA Wealth Management LLC lifted its stake in CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after purchasing an additional 23 shares during the last quarter. Jacobi Capital Management LLC lifted its stake in CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock worth $448,000 after purchasing an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after purchasing an additional 27 shares during the last quarter. Wintrust Investments LLC lifted its stake in CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company's stock worth $246,000 after purchasing an additional 29 shares during the last quarter. Finally, Greenwich Wealth Management LLC lifted its stake in CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock worth $265,000 after purchasing an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

CRWD stock traded up $7.01 on Friday, reaching $465.82. 4,481,144 shares of the company's stock were exchanged, compared to its average volume of 5,121,588. The stock has a fifty day moving average of $404.18 and a 200-day moving average of $383.65. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $474.23. The firm has a market cap of $115.46 billion, a PE ratio of 913.39, a P/E/G ratio of 17.86 and a beta of 1.22. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Evercore ISI boosted their target price on CrowdStrike from $400.00 to $450.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. DZ Bank cut CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 target price for the company. in a research note on Thursday, May 22nd. Mizuho cut CrowdStrike from an "outperform" rating to a "neutral" rating and set a $425.00 target price for the company. in a research note on Thursday, May 15th. Baird R W cut CrowdStrike from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Three research 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $408.12.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael Sentonas sold 13,543 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $4,856,790.66. Following the sale, the president now owns 405,308 shares in the company, valued at approximately $145,351,554.96. The trade was a 3.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 195,431 shares of company stock valued at $79,162,548 over the last quarter. Company insiders own 3.32% of the company's stock.

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.