Y.D. More Investments Ltd Reduces Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Y.D. More Investments Ltd trimmed its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,041 shares of the company’s stock after selling 3,827 shares during the period. Y.D. More Investments Ltd’s holdings in CrowdStrike were worth $5,831,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Synergy Financial Group LTD lifted its stake in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after buying an additional 30 shares during the last quarter. M3 Advisory Group LLC increased its holdings in shares of CrowdStrike by 2.8% in the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock valued at $407,000 after acquiring an additional 32 shares during the period. Meridian Financial Partners LLC increased its holdings in shares of CrowdStrike by 0.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after acquiring an additional 33 shares during the period. First Affirmative Financial Network boosted its stake in CrowdStrike by 4.2% during the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock worth $278,000 after purchasing an additional 33 shares during the period. Finally, Sunpointe LLC increased its stake in CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Price Performance

CRWD opened at $407.52 on Wednesday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $411.30. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $100.38 billion, a price-to-earnings ratio of 799.07, a PEG ratio of 21.13 and a beta of 1.16. The company has a fifty day simple moving average of $363.29 and a 200 day simple moving average of $312.67.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 105,315 shares of company stock worth $37,321,176 over the last ninety days. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRWD shares. KeyCorp raised their target price on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Rosenblatt Securities increased their price objective on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Finally, JMP Securities restated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $370.00.

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.