Asset Management One Co. Ltd. Sells 616 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Asset Management One Co. Ltd. decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.5% during the fourth quarter, HoldingsChannel reports. The fund owned 123,056 shares of the company’s stock after selling 616 shares during the quarter. Asset Management One Co. Ltd.’s holdings in CrowdStrike were worth $43,684,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CRWD. Synergy Financial Group LTD boosted its holdings in CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after acquiring an additional 30 shares during the period. M3 Advisory Group LLC lifted its position in shares of CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after purchasing an additional 32 shares during the last quarter. Meridian Financial Partners LLC boosted its stake in shares of CrowdStrike by 0.6% during the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after purchasing an additional 33 shares during the period. First Affirmative Financial Network boosted its stake in shares of CrowdStrike by 4.2% during the fourth quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock valued at $278,000 after purchasing an additional 33 shares during the period. Finally, Hilltop Holdings Inc. grew its holdings in shares of CrowdStrike by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Citigroup lifted their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. increased their price objective on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Wedbush set a $330.00 target price on CrowdStrike in a research report on Thursday, October 17th. Finally, KeyCorp upped their target price on CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $376.00.

Insider Buying and Selling

In other news, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated 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 in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the sale, the director now directly owns 42,391 shares in the company, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 132,565 shares of company stock worth $49,235,849. 4.34% of the stock is owned by company insiders.

CrowdStrike Stock Up 4.4 %

Shares of CRWD stock opened at $453.77 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $454.13. The firm has a market capitalization of $111.77 billion, a PE ratio of 889.76, a P/E/G ratio of 17.22 and a beta of 1.16. The stock’s 50-day simple moving average is $373.20 and its 200-day simple moving average is $319.97.

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.