One Capital Management LLC Sells 3,813 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

One Capital Management LLC trimmed its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,118 shares of the company’s stock after selling 3,813 shares during the quarter. One Capital Management LLC’s holdings in CrowdStrike were worth $19,201,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in CrowdStrike in the fourth quarter worth $237,375,000. Arizona State Retirement System lifted its holdings in shares of CrowdStrike by 1.3% during the fourth quarter. Arizona State Retirement System now owns 67,012 shares of the company’s stock valued at $22,929,000 after purchasing an additional 863 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of CrowdStrike by 2.5% during the fourth quarter. Verdence Capital Advisors LLC now owns 2,025 shares of the company’s stock valued at $693,000 after purchasing an additional 50 shares in the last quarter. Vantage Financial Partners LLC bought a new position in shares of CrowdStrike during the fourth quarter valued at $213,000. Finally, Proficio Capital Partners LLC bought a new position in shares of CrowdStrike during the fourth quarter valued at $254,000. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was 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 in the company, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value 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. 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 sold 100,315 shares of company stock valued at $38,387,254. Insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on CRWD shares. Royal Bank of Canada upped their price target on CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Raymond James reaffirmed an “outperform” rating and set a $390.00 price target (up from $360.00) on shares of CrowdStrike in a report on Wednesday. JPMorgan Chase & Co. upped their price objective on CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. Evercore ISI upped their price objective on CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Jefferies Financial Group reduced their price objective on CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $400.10.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $365.44 on Thursday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $90.01 billion, a price-to-earnings ratio of 716.56, a PEG ratio of 17.86 and a beta of 1.19. The business has a 50 day simple moving average of $387.84 and a 200-day simple moving average of $338.02.

CrowdStrike 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.