Oppenheimer Asset Management Inc. Has $10.69 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Oppenheimer Asset Management Inc. decreased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,230 shares of the company’s stock after selling 1,025 shares during the period. Oppenheimer Asset Management Inc.’s holdings in CrowdStrike were worth $10,686,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its stake in CrowdStrike by 50.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 41,672 shares of the company’s stock valued at $11,688,000 after acquiring an additional 14,003 shares in the last quarter. abrdn plc raised its holdings in shares of CrowdStrike by 25.0% in the third quarter. abrdn plc now owns 76,442 shares of the company’s stock valued at $21,513,000 after purchasing an additional 15,310 shares during the last quarter. Strategic Blueprint LLC lifted its position in shares of CrowdStrike by 6.4% in the third quarter. Strategic Blueprint LLC now owns 2,498 shares of the company’s stock worth $701,000 after purchasing an additional 151 shares in the last quarter. Fidelis Capital Partners LLC boosted its holdings in CrowdStrike by 28.5% during the third quarter. Fidelis Capital Partners LLC now owns 1,163 shares of the company’s stock worth $348,000 after purchasing an additional 258 shares during the last quarter. Finally, Avitas Wealth Management LLC grew its position in CrowdStrike by 26.4% in the third quarter. Avitas Wealth Management LLC now owns 1,200 shares of the company’s stock valued at $337,000 after purchasing an additional 251 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CRWD has been the topic of several analyst reports. Wells Fargo & Company boosted their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. JMP Securities reiterated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. Evercore ISI raised their price target on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, November 25th. BMO Capital Markets boosted their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. increased their price objective on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $388.70.

CrowdStrike Price Performance

CrowdStrike stock opened at $380.24 on Friday. The stock’s fifty day moving average price is $386.39 and its two-hundred day moving average price is $333.85. The firm has a market cap of $93.66 billion, a PE ratio of 745.58, a price-to-earnings-growth ratio of 17.86 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 Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following 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 SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider now owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 106,565 shares of company stock worth $40,570,629. Company insiders own 4.34% of the company’s stock.

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.