ESG Planning DBA Harper Investing Sells 380 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

ESG Planning DBA Harper Investing lowered its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 10.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,420 shares of the company’s stock after selling 380 shares during the period. ESG Planning DBA Harper Investing’s holdings in CrowdStrike were worth $1,170,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of CrowdStrike in the fourth quarter worth $1,111,542,000. Raymond James Financial Inc. purchased a new stake in CrowdStrike in the 4th quarter worth $237,375,000. Amundi boosted its holdings in shares of CrowdStrike by 41.9% during the 4th quarter. Amundi now owns 1,382,952 shares of the company’s stock valued at $496,093,000 after purchasing an additional 408,190 shares during the last quarter. Jennison Associates LLC grew its position in shares of CrowdStrike by 6.9% during the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after purchasing an additional 352,180 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of CrowdStrike by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock worth $7,502,204,000 after purchasing an additional 342,294 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,801 shares of company stock worth $42,092,255. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Down 2.6 %

CRWD opened at $357.11 on Friday. 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 firm has a market cap of $88.52 billion, a price-to-earnings ratio of 700.23, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The stock has a fifty day moving average price of $388.15 and a 200-day moving average price of $348.12.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Evercore ISI increased their price target on CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Canaccord Genuity Group increased their target price on CrowdStrike from $370.00 to $420.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target on the stock in a research note on Tuesday. Morgan Stanley set a $429.00 price target on shares of CrowdStrike in a research note on Tuesday, March 18th. Finally, Bank of America lifted their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.