Greenleaf Trust Purchases 1,033 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Greenleaf Trust increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 53.4% during the fourth quarter, Holdings Channel reports. The fund owned 2,967 shares of the company’s stock after purchasing an additional 1,033 shares during the period. Greenleaf Trust’s holdings in CrowdStrike were worth $1,015,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new position in CrowdStrike in the fourth quarter worth $27,000. Fortitude Family Office LLC raised its holdings 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 buying an additional 44 shares during the last quarter. Oakworth Capital Inc. acquired a new position in CrowdStrike during the 3rd quarter worth about $28,000. Luken Investment Analytics LLC bought a new stake in CrowdStrike during the 4th quarter worth about $34,000. Finally, Tsfg LLC increased its position in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now directly 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,351 shares of company stock worth $38,935,113. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CRWD shares. Truist Financial upped their target price on shares of CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research report on Wednesday, November 27th. Wedbush set a $330.00 target price on CrowdStrike in a research report on Thursday, October 17th. Cantor Fitzgerald upped 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, Morgan Stanley lifted their price objective on CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Price Performance

Shares of CRWD opened at $397.57 on Tuesday. The company has a 50 day moving average of $362.61 and a 200-day moving average of $312.29. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $97.93 billion, a P/E ratio of 779.56, a P/E/G ratio of 21.13 and a beta of 1.14. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $411.30.

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.