CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,367 shares of the company’s stock after buying an additional 41 shares during the quarter. Commonwealth Financial Services LLC’s holdings in CrowdStrike were worth $468,000 as of its most recent filing with the SEC.

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

Insider Transactions at CrowdStrike

In related 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now directly owns 120,298 shares in the company, valued at $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Down 0.1 %

Shares of NASDAQ:CRWD opened at $397.57 on Tuesday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $411.30. The firm has a fifty day moving average price of $362.61 and a 200 day moving average price of $312.29. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $97.93 billion, a PE ratio of 779.56, a P/E/G ratio of 21.13 and a beta of 1.16.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Morgan Stanley raised their price objective 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. Baird R W cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday. HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research report on Wednesday, November 27th. Bank of America increased their price objective on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Finally, Jefferies Financial Group boosted their target price on CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $370.00.

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.