CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,371 shares of the company’s stock after selling 71 shares during the quarter. Focus Financial Network Inc.’s holdings in CrowdStrike were worth $811,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike during the fourth quarter worth $27,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the period. Oakworth Capital Inc. purchased a new position in shares of CrowdStrike during the 3rd quarter valued at about $28,000. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at about $34,000. Finally, Tsfg LLC boosted its stake in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Royal Bank of Canada increased their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. BMO Capital Markets boosted 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. Cantor Fitzgerald upped their target price on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Truist Financial lifted their price target on shares of CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, The Goldman Sachs Group upped their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $376.00.

Insider Activity

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $349.34, for a total value of $2,183,375.00. Following the sale, the director now owns 809,266 shares in the company, valued at approximately $282,708,984.44. The trade was a 0.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated 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 transaction, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This trade represents a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 136,565 shares of company stock valued at $50,597,609. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 0.7 %

Shares of CRWD opened at $434.63 on Thursday. 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 $107.05 billion, a P/E ratio of 852.23, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. The company’s 50-day moving average price is $371.79 and its 200 day moving average price is $319.16. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $437.60.

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.