Canton Hathaway LLC Has $306,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Canton Hathaway LLC reduced its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 73.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,200 shares of the company's stock after selling 3,255 shares during the quarter. Canton Hathaway LLC's holdings in CrowdStrike were worth $306,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cigna Investments Inc. New grew its stake in shares of CrowdStrike by 1.7% during the 4th quarter. Cigna Investments Inc. New now owns 2,319 shares of the company's stock worth $592,000 after purchasing an additional 38 shares during the period. Quent Capital LLC lifted its position in shares of CrowdStrike by 48.5% during the 4th quarter. Quent Capital LLC now owns 147 shares of the company's stock valued at $38,000 after buying an additional 48 shares in the last quarter. Advisory Resource Group lifted its position in shares of CrowdStrike by 0.7% during the 3rd quarter. Advisory Resource Group now owns 6,670 shares of the company's stock valued at $1,116,000 after buying an additional 49 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in shares of CrowdStrike by 23.9% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 254 shares of the company's stock valued at $65,000 after buying an additional 49 shares in the last quarter. Finally, Modus Advisors LLC lifted its position in shares of CrowdStrike by 1.7% during the 4th quarter. Modus Advisors LLC now owns 2,950 shares of the company's stock valued at $753,000 after buying an additional 50 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 14,815 shares of the firm's stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the completion of the transaction, the insider now owns 235,850 shares in the company, valued at approximately $76,851,722.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CAO Anurag Saha sold 1,019 shares of the business's stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the sale, the chief accounting officer now owns 36,136 shares in the company, valued at $11,773,108.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Shawn Henry sold 14,815 shares of the business's stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the sale, the insider now owns 235,850 shares of the company's stock, valued at approximately $76,851,722.50. The disclosure for this sale can be found here. Insiders have sold 241,667 shares of company stock valued at $77,205,950 in the last 90 days. 5.68% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research reports. Scotiabank raised their price objective on CrowdStrike from $320.00 to $400.00 and gave the company a "sector outperform" rating in a report on Wednesday, March 6th. The Goldman Sachs Group raised their price objective on CrowdStrike from $222.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, February 21st. Stifel Nicolaus raised their price objective on CrowdStrike from $315.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. JMP Securities raised their price objective on CrowdStrike from $330.00 to $400.00 and gave the company a "market outperform" rating in a report on Wednesday, March 6th. Finally, Canaccord Genuity Group raised their price objective on CrowdStrike from $300.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and a consensus target price of $373.29.

CrowdStrike Price Performance

Shares of CRWD traded down $9.55 on Monday, hitting $299.50. The company's stock had a trading volume of 2,569,954 shares, compared to its average volume of 3,690,423. The company has a 50 day moving average price of $319.77 and a 200 day moving average price of $261.55. CrowdStrike Holdings, Inc. has a fifty-two week low of $115.67 and a fifty-two week high of $365.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market capitalization of $72.44 billion, a PE ratio of 831.97, a PEG ratio of 12.36 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The company had revenue of $845.34 million during the quarter, compared to analysts' expectations of $839.08 million. On average, research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

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.