CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,700 shares of the company’s stock after selling 123 shares during the quarter. Transcend Capital Advisors LLC’s holdings in CrowdStrike were worth $582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its stake in shares of 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 purchasing an additional 44 shares during the period. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Bank of Jackson Hole Trust purchased a new position in CrowdStrike in the fourth quarter worth approximately $46,000. Finally, Ashton Thomas Securities LLC purchased a new position in CrowdStrike in the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Cantor Fitzgerald lifted their price target on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Jefferies Financial Group lifted their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Susquehanna lifted their price target on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. Barclays lifted their price target on shares of CrowdStrike from $372.00 to $506.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-eight have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $383.08.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 30,000 shares of the business’s 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 in the company, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % 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 $51,038,529. 4.34% of the stock is owned by company insiders.

CrowdStrike Stock Performance

Shares of CRWD opened at $406.61 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. The stock has a market capitalization of $100.15 billion, a P/E ratio of 797.30, a P/E/G ratio of 17.86 and a beta of 1.16. The company’s fifty day moving average is $384.76 and its two-hundred day moving average is $330.35. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59.

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.