CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by L & S Advisors Inc

L & S Advisors Inc lowered its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,733 shares of the company’s stock after selling 1,258 shares during the quarter. L & S Advisors Inc’s holdings in CrowdStrike were worth $1,962,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at $27,000. Fortitude Family Office LLC grew its holdings in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. raised its position in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike during the fourth quarter valued at $34,000. Finally, Crowley Wealth Management Inc. acquired a new position in shares of CrowdStrike in the 4th quarter valued at $34,000. 71.16% of the stock is currently owned by institutional investors.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 13,543 shares of the business’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the transaction, the president now owns 405,308 shares of the company’s stock, valued at approximately $145,351,554.96. The trade was a 3.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 2,547 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $365.96, for a total transaction of $932,100.12. Following the completion of the sale, the insider now directly owns 82,071 shares of the company’s stock, valued at approximately $30,034,703.16. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 110,801 shares of company stock worth $42,092,255. Company insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $357.11 on Friday. The company has a market capitalization of $88.52 billion, a PE ratio of 700.23, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company’s fifty day moving average price is $388.15 and its 200 day moving average price is $348.82.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of analyst reports. BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price objective for the company in a research note on Tuesday, March 25th. Citigroup restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average target price of $400.26.

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.