CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Hudson Value Partners LLC

Hudson Value Partners LLC cut its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,620 shares of the company’s stock after selling 75 shares during the period. Hudson Value Partners LLC’s holdings in CrowdStrike were worth $1,923,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empirical Asset Management LLC purchased a new position in CrowdStrike in the 4th quarter valued at about $11,310,000. Beacon Financial Advisory LLC acquired a new position in shares of CrowdStrike during the 3rd quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of CrowdStrike by 10.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after acquiring an additional 78,305 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after acquiring an additional 2,863 shares during the last quarter. Finally, Hemenway Trust Co LLC increased its stake in shares of CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after acquiring an additional 5,352 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 0.8 %

Shares of NASDAQ CRWD opened at $455.18 on Wednesday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.44. 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 stock has a market cap of $112.12 billion, a P/E ratio of 892.53, a PEG ratio of 18.50 and a beta of 1.16. The business’s fifty day simple moving average is $380.83 and its 200-day simple moving average is $326.77.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 17,120 shares of CrowdStrike stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the sale, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now owns 115,798 shares of the company’s stock, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 132,565 shares of company stock valued at $49,235,849 over the last quarter. 4.34% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CRWD. Needham & Company LLC upped their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Cantor Fitzgerald upped their price objective 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. Mizuho upped their price objective on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, February 12th. Jefferies Financial Group upped their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Finally, JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eleven have assigned 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, CrowdStrike presently 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.