Corient Private Wealth LLC Acquires 2,854 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Corient Private Wealth LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 10.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 30,116 shares of the company’s stock after purchasing an additional 2,854 shares during the quarter. Corient Private Wealth LLC’s holdings in CrowdStrike were worth $9,634,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Empirical Asset Management LLC bought a new stake in CrowdStrike during the 4th quarter worth approximately $11,310,000. Arcadia Investment Management Corp MI increased its stake in CrowdStrike by 30.8% during the 4th quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock worth $4,090,000 after purchasing an additional 2,814 shares in the last quarter. Greenleaf Trust increased its stake in CrowdStrike by 53.4% during the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after purchasing an additional 1,033 shares in the last quarter. Trifecta Capital Advisors LLC grew its stake in shares of CrowdStrike by 2,140.3% during the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after acquiring an additional 8,561 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of CrowdStrike by 42.6% during the 4th quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock worth $15,263,000 after acquiring an additional 13,323 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 3.3 %

CRWD opened at $375.05 on Thursday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a 50-day simple moving average of $386.06 and a 200 day simple moving average of $343.34. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $92.96 billion, a price-to-earnings ratio of 735.41, a P/E/G ratio of 17.86 and a beta of 1.19.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CRWD shares. KeyCorp decreased their price target on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. BMO Capital Markets raised their price target on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, DA Davidson raised their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $399.51.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 18,071 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $359.70, for a total value of $6,500,138.70. Following the transaction, the chief executive officer now directly owns 2,159,935 shares of the company’s stock, valued at approximately $776,928,619.50. The trade was a 0.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,315 shares of company stock valued at $38,319,124 over the last quarter. 4.34% of the stock is owned by company insiders.

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.