CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Lessened by Jacobs & Co. CA

Jacobs & Co. CA lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,418 shares of the company’s stock after selling 585 shares during the period. Jacobs & Co. CA’s holdings in CrowdStrike were worth $6,301,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of CRWD. Beacon Financial Advisory LLC purchased a new position in CrowdStrike during the 3rd quarter worth approximately $955,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of CrowdStrike by 10.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after acquiring an additional 78,305 shares in the last quarter. Doliver Advisors LP grew its holdings in shares of CrowdStrike by 223.2% during the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock valued at $1,894,000 after acquiring an additional 4,664 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after acquiring an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC grew its holdings in shares of CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after acquiring an additional 5,352 shares in 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 CrowdStrike stock in a transaction on Monday, December 23rd. The shares were 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 approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the sale, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock valued at $38,752,993 over the last quarter. Corporate insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Robert W. Baird boosted their price target on shares of CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Rosenblatt Securities upped their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Morgan Stanley upped their price objective on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Needham & Company LLC upped their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Finally, Royal Bank of Canada upped their price objective on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $365.88.

CrowdStrike Price Performance

Shares of CrowdStrike stock traded down $7.70 during midday trading on Friday, reaching $351.02. The company had a trading volume of 1,830,264 shares, compared to its average volume of 2,546,084. 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 company has a market capitalization of $86.46 billion, a price-to-earnings ratio of 688.29, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14. The stock has a fifty day simple moving average of $351.26 and a 200 day simple moving average of $314.22. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33.

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.