CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Commons Capital LLC

Commons Capital LLC decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,540 shares of the company’s stock after selling 57 shares during the quarter. CrowdStrike accounts for approximately 1.7% of Commons Capital LLC’s holdings, making the stock its 11th largest position. Commons Capital LLC’s holdings in CrowdStrike were worth $1,896,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Abich Financial Wealth Management LLC acquired a new position in shares of CrowdStrike in the 2nd quarter worth approximately $25,000. Fortitude Family Office LLC lifted 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 purchasing an additional 44 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of CrowdStrike in the 2nd quarter worth approximately $38,000. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike in the 3rd quarter worth approximately $28,000. Finally, Tsfg LLC lifted its holdings in shares of CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the topic of several recent research reports. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a report on Wednesday, November 27th. Royal Bank of Canada raised their price target on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. BMO Capital Markets raised their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. CICC Research initiated coverage on CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 target price on the stock. Finally, Rosenblatt Securities lifted their target price on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $369.00.

Insider Activity

In other news, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now owns 816,730 shares in the company, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the sale, the director now directly owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $366.41 on Wednesday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. 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 company has a market capitalization of $90.25 billion, a price-to-earnings ratio of 718.47, a P/E/G ratio of 18.99 and a beta of 1.14. The stock’s fifty day simple moving average is $356.16 and its 200-day simple moving average is $311.67.

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.