Moody Aldrich Partners LLC Invests $331,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Moody Aldrich Partners LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 968 shares of the company’s stock, valued at approximately $331,000.

Several other institutional investors have also added to or reduced their stakes in the company. Jennison Associates LLC boosted its holdings in shares of CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after purchasing an additional 1,013,161 shares during the period. International Assets Investment Management LLC raised its position in CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after purchasing an additional 920,695 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in CrowdStrike by 1,655.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after buying an additional 712,900 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after buying an additional 371,695 shares during the period. Finally, State Street Corp raised its holdings in shares of CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after acquiring an additional 275,717 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Down 2.8 %

CRWD stock opened at $397.07 on Thursday. The firm has a fifty day moving average price of $360.37 and a 200 day moving average price of $311.65. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $411.30. The firm has a market cap of $97.80 billion, a PE ratio of 778.58, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insider Buying and Selling at CrowdStrike

In other news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the completion of the transaction, the president now owns 389,589 shares in the company, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the sale, the director now owns 816,730 shares in the company, valued at $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock worth $38,935,113 over the last 90 days. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CRWD. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Morgan Stanley boosted their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Piper Sandler raised their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Susquehanna upped their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. Finally, JMP Securities restated a “market outperform” rating and issued a $400.00 target price on shares of CrowdStrike in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $369.00.

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.