CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by SlateStone Wealth LLC

SlateStone Wealth LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 157.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,500 shares of the company's stock after purchasing an additional 3,980 shares during the quarter. SlateStone Wealth LLC's holdings in CrowdStrike were worth $1,660,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Morgan Stanley grew its holdings in CrowdStrike by 124.4% during the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company's stock worth $832,516,000 after acquiring an additional 2,757,251 shares during the last quarter. Jennison Associates LLC grew its holdings in CrowdStrike by 33.2% during the 4th quarter. Jennison Associates LLC now owns 6,340,819 shares of the company's stock worth $1,618,938,000 after acquiring an additional 1,581,796 shares during the last quarter. International Assets Investment Management LLC grew its holdings in CrowdStrike by 22,542.6% during the 4th quarter. International Assets Investment Management LLC now owns 734,300 shares of the company's stock worth $187,481,000 after acquiring an additional 731,057 shares during the last quarter. Invesco Ltd. grew its holdings in CrowdStrike by 52.3% during the 3rd quarter. Invesco Ltd. now owns 1,249,776 shares of the company's stock worth $209,188,000 after acquiring an additional 429,186 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in CrowdStrike by 17.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company's stock worth $463,482,000 after acquiring an additional 419,619 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company's stock, valued at $64,525,067.19. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO George Kurtz sold 78,080 shares of the business's stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the transaction, the chief executive officer now owns 1,148,102 shares of the company's stock, valued at $375,176,771.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Performance

CrowdStrike stock traded down $2.03 during mid-day trading on Wednesday, hitting $297.62. 1,653,022 shares of the company's stock traded hands, compared to its average volume of 3,566,798. The firm has a 50 day simple moving average of $315.88 and a two-hundred day simple moving average of $267.07. CrowdStrike Holdings, Inc. has a fifty-two week low of $115.67 and a fifty-two week high of $365.00. The stock has a market cap of $71.99 billion, a price-to-earnings ratio of 826.75, a P/E/G ratio of 11.56 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on CRWD. Citigroup increased their price objective on shares of CrowdStrike from $320.00 to $425.00 and gave the stock a "buy" rating in a report on Thursday, March 7th. TD Cowen upped their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the company an "outperform" rating in a research report on Wednesday, March 6th. Evercore ISI upped their target price on shares of CrowdStrike from $255.00 to $405.00 and gave the company an "outperform" rating in a research report on Wednesday, March 6th. BTIG Research upped their target price on shares of CrowdStrike from $322.00 to $432.00 and gave the company a "buy" rating in a research report on Wednesday, March 6th. Finally, JPMorgan Chase & Co. upped their target price on shares of CrowdStrike from $350.00 to $371.00 and gave the company an "overweight" rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $371.87.

CrowdStrike Company Profile

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.