Bfsg LLC Trims Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Bfsg LLC lessened its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 54.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149 shares of the company’s stock after selling 178 shares during the period. Bfsg LLC’s holdings in CrowdStrike were worth $51,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of CRWD. Synergy Financial Group LTD boosted its stake in CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after buying an additional 30 shares during the period. M3 Advisory Group LLC lifted its holdings in shares of CrowdStrike by 2.8% in the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares during the last quarter. Meridian Financial Partners LLC boosted its position in shares of CrowdStrike by 0.6% during the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after purchasing an additional 33 shares during the period. First Affirmative Financial Network increased its holdings in CrowdStrike by 4.2% in the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock valued at $278,000 after purchasing an additional 33 shares during the last quarter. Finally, Hilltop Holdings Inc. raised its position in CrowdStrike by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock valued at $542,000 after purchasing an additional 34 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the completion of the sale, the director now owns 809,266 shares in the company, valued at approximately $282,708,984.44. This trade represents a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,565 shares of company stock valued at $51,038,529 over the last quarter. 4.34% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on CRWD. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Citigroup lifted their target price on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. boosted their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Rosenblatt Securities lifted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Finally, KeyCorp upped their target price on shares of CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $379.73.

CrowdStrike Trading Down 1.1 %

Shares of CrowdStrike stock opened at $450.14 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market capitalization of $110.87 billion, a P/E ratio of 882.64, a PEG ratio of 18.50 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company’s fifty day moving average is $382.58 and its two-hundred day moving average is $327.63.

About CrowdStrike

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.