Galvin Gaustad & Stein LLC Has $1.10 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Galvin Gaustad & Stein LLC lessened its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,215 shares of the company’s stock after selling 60 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in CrowdStrike were worth $1,100,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empirical Asset Management LLC bought a new stake in CrowdStrike in the 4th quarter valued at $11,310,000. Beacon Financial Advisory LLC bought a new stake in shares of CrowdStrike in the 3rd quarter worth about $955,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after purchasing an additional 78,305 shares during the last quarter. Doliver Advisors LP grew its holdings in shares of CrowdStrike by 223.2% in the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its holdings in shares of CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was 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 $14,718,009.14. This trade represents a 4.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at $42,629,875.72. This represents a 3.74 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

CRWD has been the topic of several analyst reports. HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a report on Wednesday, November 27th. Morgan Stanley upped their target price on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. Jefferies Financial Group increased their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Finally, Bank of America upped their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $369.00.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $375.09 on Thursday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a fifty day simple moving average of $357.22 and a 200 day simple moving average of $311.97. The stock has a market capitalization of $92.39 billion, a PE ratio of 735.65, a P/E/G ratio of 19.49 and a beta of 1.14.

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.