Triumph Capital Management trimmed its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 34.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,685 shares of the company's stock after selling 1,431 shares during the quarter. Triumph Capital Management's holdings in CrowdStrike were worth $919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Berbice Capital Management LLC bought a new position in CrowdStrike in the fourth quarter worth approximately $27,000. FPC Investment Advisory Inc. increased its stake in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the last quarter. Luken Investment Analytics LLC bought a new position in CrowdStrike during the fourth quarter valued at $34,000. Crowley Wealth Management Inc. purchased a new position in shares of CrowdStrike during the 4th quarter valued at $34,000. Finally, Millstone Evans Group LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 71.16% of the company's stock.
Insiders Place Their Bets
In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the transaction, the director now directly owns 768,092 shares of the company's stock, valued at $248,984,702.72. This represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Burt W. Podbere sold 16,000 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $436.88, for a total value of $6,990,080.00. Following the completion of the transaction, the chief financial officer now owns 249,653 shares in the company, valued at approximately $109,068,402.64. This trade represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 189,431 shares of company stock valued at $76,275,228. 3.32% of the stock is currently owned by corporate insiders.
CrowdStrike Stock Up 1.2%
NASDAQ CRWD traded up $5.09 during trading hours on Monday, reaching $444.35. 2,011,721 shares of the company's stock traded hands, compared to its average volume of 5,099,379. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. 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 firm has a 50-day simple moving average of $385.84 and a 200 day simple moving average of $375.26. The firm has a market cap of $110.14 billion, a PE ratio of 871.29, a PEG ratio of 17.86 and a beta of 1.22.
Analyst Ratings Changes
CRWD has been the topic of several analyst reports. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Stifel Nicolaus cut their price target on shares of CrowdStrike from $475.00 to $435.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. Jefferies Financial Group reaffirmed a "buy" rating on shares of CrowdStrike in a report on Wednesday, May 7th. Truist Financial dropped their price objective on CrowdStrike from $460.00 to $450.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Finally, Stephens assumed coverage on CrowdStrike in a research note on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 target price on the stock. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $403.56.
Get Our Latest Analysis on CrowdStrike
About CrowdStrike
(
Free Report)
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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