OMERS ADMINISTRATION Corp Reduces Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

OMERS ADMINISTRATION Corp lessened its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,470 shares of the company's stock after selling 965 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in CrowdStrike were worth $4,609,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike during the fourth quarter valued at $27,000. FPC Investment Advisory Inc. raised its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Crowley Wealth Management Inc. acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $34,000. Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at $34,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Up 1.7%

CRWD stock traded up $7.42 on Friday, reaching $439.26. 2,119,098 shares of the company traded hands, compared to its average volume of 5,087,456. The firm has a fifty day simple moving average of $383.64 and a 200-day simple moving average of $373.37. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year 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 company has a market cap of $108.88 billion, a P/E ratio of 861.31, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of analyst reports. KeyCorp decreased their price objective on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. The Goldman Sachs Group reissued a "buy" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Robert W. Baird dropped their price objective on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a report on Wednesday, March 5th. Stifel Nicolaus decreased their price target on CrowdStrike from $475.00 to $435.00 and set a "buy" rating on the stock in a research note on Wednesday, March 5th. Finally, Scotiabank reissued a "sector perform" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and a consensus price target of $403.56.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the transaction, the chief accounting officer now owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This trade represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares of the company's stock, valued at approximately $42,459,423.38. This represents a 4.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 189,431 shares of company stock valued at $76,275,228 over the last 90 days. Company insiders own 3.32% of the company's stock.

CrowdStrike 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.