Woodward Diversified Capital LLC Cuts Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Woodward Diversified Capital LLC trimmed its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.2% during the 4th quarter, Holdings Channel reports. The fund owned 4,573 shares of the company’s stock after selling 300 shares during the period. CrowdStrike makes up approximately 1.2% of Woodward Diversified Capital LLC’s investment portfolio, making the stock its 15th biggest position. Woodward Diversified Capital LLC’s holdings in CrowdStrike were worth $1,565,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. State Street Corp increased its position in CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after purchasing an additional 275,717 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of CrowdStrike by 6.9% in the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock worth $1,854,843,000 after buying an additional 352,180 shares during the last quarter. Geode Capital Management LLC raised its position in shares of CrowdStrike by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock valued at $1,367,505,000 after buying an additional 97,990 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of CrowdStrike by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock valued at $440,461,000 after buying an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of CrowdStrike by 1.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock valued at $379,895,000 after acquiring an additional 20,899 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. BMO Capital Markets upped their price objective on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group increased their price target on CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, December 24th. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research note on Wednesday, November 27th. Finally, Evercore ISI lifted their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Stock Up 0.3 %

CRWD stock opened at $421.59 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $431.33. The stock has a market capitalization of $103.84 billion, a PE ratio of 826.66, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16. The firm has a 50 day moving average of $367.00 and a 200 day moving average of $314.86.

Insider Transactions at CrowdStrike

In related news, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the sale, the insider now owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 111,565 shares of company stock worth $39,898,614. Company insiders own 4.34% of the company’s stock.

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.