CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Lowered by Aviva PLC

Aviva PLC trimmed its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 71.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,106 shares of the company’s stock after selling 20,403 shares during the quarter. Aviva PLC’s holdings in CrowdStrike were worth $1,113,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Fairfield Bush & CO. acquired a new position in CrowdStrike in the first quarter valued at approximately $654,000. MetLife Investment Management LLC bought a new position in CrowdStrike in the 1st quarter worth about $2,930,000. Yousif Capital Management LLC increased its stake in shares of CrowdStrike by 4.3% in the first quarter. Yousif Capital Management LLC now owns 2,934 shares of the company’s stock valued at $666,000 after purchasing an additional 120 shares during the period. Raymond James Trust N.A. increased its position in CrowdStrike by 37.3% in the 1st quarter. Raymond James Trust N.A. now owns 2,830 shares of the company’s stock valued at $643,000 after acquiring an additional 769 shares during the period. Finally, Synovus Financial Corp raised its stake in shares of CrowdStrike by 14.4% during the first quarter. Synovus Financial Corp now owns 2,930 shares of the company’s stock valued at $658,000 after purchasing an additional 369 shares in the last quarter. 63.53% of the stock is currently owned by institutional investors.

CrowdStrike Trading Up 0.2 %

CRWD opened at $166.64 on Friday. The company’s 50 day moving average price is $151.89 and its two-hundred day moving average price is $141.04. The firm has a market capitalization of $39.51 billion, a price-to-earnings ratio of -406.44, a PEG ratio of 33.78 and a beta of 0.96. CrowdStrike Holdings, Inc. has a fifty-two week low of $92.25 and a fifty-two week high of $195.29. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.82 and a quick ratio of 1.78.

Insiders Place Their Bets

In other news, CEO George Kurtz sold 59,465 shares of the stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $144.26, for a total value of $8,578,420.90. Following the completion of the sale, the chief executive officer now owns 1,119,971 shares of the company’s stock, valued at $161,567,016.46. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CFO Burt W. Podbere sold 14,430 shares of the business’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $145.48, for a total value of $2,099,276.40. Following the transaction, the chief financial officer now directly owns 380,800 shares of the company’s stock, valued at approximately $55,398,784. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 59,465 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $144.26, for a total value of $8,578,420.90. Following the sale, the chief executive officer now directly owns 1,119,971 shares of the company’s stock, valued at approximately $161,567,016.46. The disclosure for this sale can be found here. In the last three months, insiders have sold 342,479 shares of company stock valued at $51,344,648. 5.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $180.00 price target on shares of CrowdStrike in a research report on Thursday, August 31st. DA Davidson increased their target price on shares of CrowdStrike from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, August 31st. Royal Bank of Canada raised their target price on CrowdStrike from $182.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, August 31st. BTIG Research lifted their price objective on CrowdStrike from $188.00 to $192.00 and gave the company a “buy” rating in a report on Thursday, August 31st. Finally, KeyCorp initiated coverage on CrowdStrike in a research report on Wednesday, June 14th. They issued an “overweight” rating and a $200.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.51.

CrowdStrike Profile

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.