Baillie Gifford & Co. Sells 331 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Baillie Gifford & Co. lessened its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,104 shares of the company’s stock after selling 331 shares during the quarter. Baillie Gifford & Co.’s holdings in CrowdStrike were worth $12,696,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CRWD. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $27,000. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike in the third quarter valued at about $28,000. Fortitude Family Office LLC boosted its position in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. Castleview Partners LLC bought a new stake in shares of CrowdStrike in the third quarter valued at about $32,000. Finally, Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $34,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CRWD. Bank of America boosted their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. CICC Research started coverage on CrowdStrike in a research note on Monday, November 18th. They issued a “market perform” rating and a $295.00 price target for the company. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Cantor Fitzgerald boosted their price target on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Finally, Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $376.00.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now owns 42,391 shares in the company, valued at $14,791,491.63. The trade was a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 132,565 shares of company stock worth $49,235,849 over the last ninety days. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $451.74 on Tuesday. The business’s 50 day simple moving average is $376.70 and its 200 day simple moving average is $323.50. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $454.13. The stock has a market capitalization of $111.27 billion, a PE ratio of 885.78, a PEG ratio of 17.22 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.