Blair William & Co. IL Purchases 34,646 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Blair William & Co. IL grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 28.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 154,585 shares of the company’s stock after acquiring an additional 34,646 shares during the quarter. Blair William & Co. IL owned about 0.06% of CrowdStrike worth $52,893,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Empirical Asset Management LLC purchased a new position in shares of CrowdStrike in the 4th quarter worth $11,310,000. Arcadia Investment Management Corp MI grew its position in CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock worth $4,090,000 after acquiring an additional 2,814 shares in the last quarter. Greenleaf Trust increased its stake in CrowdStrike by 53.4% during the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after acquiring an additional 1,033 shares during the last quarter. Trifecta Capital Advisors LLC raised its position in CrowdStrike by 2,140.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock valued at $3,066,000 after purchasing an additional 8,561 shares during the period. Finally, Fifth Third Bancorp lifted its stake in shares of CrowdStrike by 42.6% in the 4th quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock valued at $15,263,000 after purchasing an additional 13,323 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. UBS Group decreased their price target on CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Evercore ISI lifted their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. KeyCorp reduced their price objective on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 5th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $400.26.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Sentonas sold 13,543 shares of the stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $4,856,790.66. Following the completion of the transaction, the president now directly owns 405,308 shares in the company, valued at $145,351,554.96. This represents a 3.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,801 shares of company stock worth $42,092,255 over the last 90 days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Trading Down 1.3 %

CrowdStrike stock opened at $366.56 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $90.86 billion, a PE ratio of 718.76, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The stock has a 50-day moving average of $388.15 and a two-hundred day moving average of $347.35. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

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.