Doliver Advisors LP Lowers Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Doliver Advisors LP lowered its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,432 shares of the company’s stock after selling 322 shares during the quarter. CrowdStrike accounts for 0.6% of Doliver Advisors LP’s investment portfolio, making the stock its 24th largest holding. Doliver Advisors LP’s holdings in CrowdStrike were worth $2,201,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CRWD. Abich Financial Wealth Management LLC purchased a new stake in CrowdStrike in the 2nd quarter valued at approximately $25,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike in the third quarter valued at approximately $28,000. Tsfg LLC grew its holdings in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares during the period. Castleview Partners LLC acquired a new stake in CrowdStrike in the third quarter valued at $32,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of CrowdStrike during the 2nd quarter worth $33,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $320.38, for a total value of $2,002,375.00. Following the sale, the director now owns 821,766 shares in the company, valued at $263,277,391.08. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 116,601 shares of company stock valued at $40,755,368. 4.34% of the stock is currently owned by insiders.

CrowdStrike Stock Up 0.7 %

CRWD traded up $2.37 during trading hours on Monday, reaching $361.39. 1,728,833 shares of the stock traded hands, compared to its average volume of 2,355,406. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The company has a market cap of $89.01 billion, a price-to-earnings ratio of 708.62, a PEG ratio of 19.48 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm’s fifty day simple moving average is $346.72 and its two-hundred day simple moving average is $313.85.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CRWD. BMO Capital Markets increased their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Jefferies Financial Group lifted their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Susquehanna upped their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. Finally, KeyCorp upped their target price on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $365.63.

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.