Sanctuary Advisors LLC Buys 11,083 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sanctuary Advisors LLC raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 21.7% during the fourth quarter, HoldingsChannel reports. The firm owned 62,087 shares of the company’s stock after acquiring an additional 11,083 shares during the quarter. Sanctuary Advisors LLC’s holdings in CrowdStrike were worth $21,244,000 at the end of the most recent reporting period.

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

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the sale, the director now directly owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares of the company’s stock, valued at $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 132,565 shares of company stock valued at $49,235,849. 4.34% of the stock is currently owned by insiders.

CrowdStrike Trading Down 0.4 %

Shares of CRWD stock opened at $451.74 on Tuesday. The firm’s 50 day moving average price is $376.70 and its two-hundred day moving average price is $323.50. 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 fifty-two week low of $200.81 and a fifty-two week high of $454.13. The stock has a market cap of $111.27 billion, a price-to-earnings ratio of 885.78, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CRWD shares. Rosenblatt Securities boosted their price target on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Susquehanna lifted their price objective on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. Piper Sandler increased their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Stifel Nicolaus boosted their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, CICC Research initiated coverage on CrowdStrike in a report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective on the stock. One equities research 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 given a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus target price of $376.00.

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.