Whittier Trust Co. boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 11.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,472 shares of the company's stock after acquiring an additional 2,480 shares during the quarter. Whittier Trust Co.'s holdings in CrowdStrike were worth $8,373,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. BluePointe Capital Management LLC boosted its position in CrowdStrike by 1.6% during the 4th quarter. BluePointe Capital Management LLC now owns 2,301 shares of the company's stock worth $787,000 after acquiring an additional 37 shares during the period. Berkshire Capital Holdings Inc. lifted its holdings in shares of CrowdStrike by 237,200.0% during the 4th quarter. Berkshire Capital Holdings Inc. now owns 23,730 shares of the company's stock valued at $8,119,000 after buying an additional 23,720 shares during the last quarter. iA Global Asset Management Inc. lifted its holdings in shares of CrowdStrike by 6.3% during the 4th quarter. iA Global Asset Management Inc. now owns 25,205 shares of the company's stock valued at $8,624,000 after buying an additional 1,483 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of CrowdStrike by 787.9% during the 4th quarter. Teacher Retirement System of Texas now owns 13,727 shares of the company's stock valued at $4,697,000 after buying an additional 12,181 shares during the last quarter. Finally, First National Bank of Hutchinson lifted its holdings in shares of CrowdStrike by 68.3% during the 4th quarter. First National Bank of Hutchinson now owns 3,085 shares of the company's stock valued at $1,056,000 after buying an additional 1,252 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.
CRWD opened at $369.03 on Friday. The stock has a market cap of $91.47 billion, a PE ratio of 723.60, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The stock's 50 day simple moving average is $386.27 and its 200-day simple moving average is $343.52.
Several equities research analysts have recently issued reports on CRWD shares. Morgan Stanley started coverage on CrowdStrike in a report on Tuesday. They set an "overweight" rating for the company. The Goldman Sachs Group reiterated a "buy" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Bank of America lifted their price target on CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Finally, Wells Fargo & Company raised their price objective on CrowdStrike from $400.00 to $430.00 and gave the company an "overweight" rating in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $399.51.
Read Our Latest Report on CRWD
In related news, CAO Anurag Saha sold 1,863 shares of the business's stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company's stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the sale, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock valued at $38,319,124 in the last 90 days. 4.34% of the stock is owned by corporate insiders.
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.
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