CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Lmcg Investments LLC

Lmcg Investments LLC reduced its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,628 shares of the company’s stock after selling 1,988 shares during the quarter. Lmcg Investments LLC’s holdings in CrowdStrike were worth $11,506,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its position in shares of CrowdStrike by 18.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,532 shares of the company’s stock valued at $1,737,000 after purchasing an additional 691 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in CrowdStrike by 54.6% during the second quarter. Dimensional Fund Advisors LP now owns 286,183 shares of the company’s stock worth $109,670,000 after buying an additional 101,079 shares during the last quarter. Bridges Investment Management Inc. acquired a new position in CrowdStrike during the second quarter worth $285,000. AE Wealth Management LLC grew its holdings in CrowdStrike by 88.5% in the 2nd quarter. AE Wealth Management LLC now owns 6,951 shares of the company’s stock valued at $2,664,000 after buying an additional 3,263 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in shares of CrowdStrike by 32.0% in the 2nd quarter. Pacer Advisors Inc. now owns 37,916 shares of the company’s stock worth $14,529,000 after acquiring an additional 9,198 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 1.8 %

Shares of CrowdStrike stock opened at $357.00 on Tuesday. The company’s fifty day moving average is $355.86 and its two-hundred day moving average is $311.89. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. 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 company has a market capitalization of $87.93 billion, a P/E ratio of 700.01, a PEG ratio of 18.99 and a beta of 1.14.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now owns 98,214 shares of the company’s stock, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction dated Wednesday, November 6th. The stock was 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 of the company’s stock, valued at $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock valued at $38,935,113 over the last quarter. 4.34% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several recent analyst reports. Evercore ISI raised their price objective on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday, November 25th. Bank of America boosted their price objective on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Cantor Fitzgerald lifted their price target on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Barclays upped their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Finally, Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus target price of $366.38.

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.