Exchange Traded Concepts LLC Has $3.22 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Exchange Traded Concepts LLC decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,418 shares of the company’s stock after selling 1,781 shares during the period. Exchange Traded Concepts LLC’s holdings in CrowdStrike were worth $3,222,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Berbice Capital Management LLC acquired a new stake in CrowdStrike during the fourth quarter worth $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter valued at about $28,000. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. Tsfg LLC raised its position in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares in the last quarter. Finally, Castleview Partners LLC bought a new position in CrowdStrike during the third quarter worth about $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

NASDAQ CRWD opened at $374.92 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The business has a 50 day simple moving average of $358.65 and a 200 day simple moving average of $312.32. The stock has a market cap of $92.35 billion, a price-to-earnings ratio of 735.15, a PEG ratio of 20.07 and a beta of 1.14.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Barclays upped their price target on CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. JMP Securities reiterated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a research report on Monday, November 4th. Finally, Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $369.00.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the transaction, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock worth $38,935,113 over the last three months. Corporate 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.