CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Colonial River Investments LLC

Colonial River Investments LLC decreased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,405 shares of the company’s stock after selling 105 shares during the period. Colonial River Investments LLC’s holdings in CrowdStrike were worth $823,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the 4th quarter valued at about $27,000. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. FPC Investment Advisory Inc. increased its stake in CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares during the period. Luken Investment Analytics LLC acquired a new position in CrowdStrike during the 4th quarter valued at about $34,000. Finally, Princeton Global Asset Management LLC increased its stake in CrowdStrike by 240.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock valued at $38,000 after buying an additional 96 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

CrowdStrike stock opened at $406.61 on Monday. The firm has a market capitalization of $100.15 billion, a P/E ratio of 797.30, a PEG ratio of 17.86 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 business has a 50-day moving average of $384.76 and a 200-day moving average of $331.06. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value 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 $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 136,565 shares of company stock worth $51,038,529. 4.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Susquehanna raised their target price on shares of CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research note on Wednesday, November 27th. Robert W. Baird restated a “neutral” rating and set a $430.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research report on Monday, February 3rd. JMP Securities restated a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Monday, November 4th. Stifel Nicolaus raised their price objective on shares of CrowdStrike from $400.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Finally, Evercore ISI raised their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $383.08.

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.