First Bancorp Inc ME Lowers Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

First Bancorp Inc ME reduced its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,855 shares of the company’s stock after selling 60 shares during the period. First Bancorp Inc ME’s holdings in CrowdStrike were worth $595,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Evanson Asset Management LLC boosted its stake in shares of CrowdStrike by 10.6% during the 1st quarter. Evanson Asset Management LLC now owns 5,594 shares of the company’s stock worth $1,793,000 after purchasing an additional 538 shares during the period. Riverview Trust Co purchased a new position in shares of CrowdStrike during the first quarter valued at $36,000. Strategic Planning Group LLC boosted its holdings in CrowdStrike by 8.9% in the first quarter. Strategic Planning Group LLC now owns 10,406 shares of the company’s stock worth $3,336,000 after acquiring an additional 853 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in CrowdStrike during the 1st quarter valued at approximately $21,004,000. Finally, Traynor Capital Management Inc. increased its position in shares of CrowdStrike by 17.0% in the first quarter. Traynor Capital Management Inc. now owns 43,300 shares of the company’s stock valued at $13,881,000 after buying an additional 6,279 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 64,000 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the completion of the transaction, the chief financial officer now owns 306,508 shares in the company, valued at $97,003,651.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Anurag Saha sold 1,662 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the transaction, the chief accounting officer now directly owns 40,645 shares in the company, valued at $15,470,706.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 64,000 shares of CrowdStrike stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the sale, the chief financial officer now owns 306,508 shares of the company’s stock, valued at $97,003,651.84. The disclosure for this sale can be found here. Insiders have sold a total of 273,675 shares of company stock worth $92,085,172 over the last ninety days. 4.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Truist Financial upped their price objective on CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Wedbush cut their target price on shares of CrowdStrike from $390.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, June 5th. Stifel Nicolaus upped their price objective on CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. KeyCorp dropped their price objective on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating on the stock in a research note on Thursday, April 18th. Finally, Rosenblatt Securities upped their target price on CrowdStrike from $415.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, June 5th. One equities research analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Buy” and a consensus target price of $380.62.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded down $6.38 during mid-day trading on Wednesday, reaching $380.38. 2,318,476 shares of the company’s stock were exchanged, compared to its average volume of 4,157,684. CrowdStrike Holdings, Inc. has a 52 week low of $139.37 and a 52 week high of $394.64. The firm has a 50-day moving average price of $335.94 and a two-hundred day moving average price of $311.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The firm has a market capitalization of $92.57 billion, a price-to-earnings ratio of 721.75, a price-to-earnings-growth ratio of 19.36 and a beta of 1.08.

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.