CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Raised by Whittier Trust Co.

Whittier Trust Co. lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 161.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 543 shares of the company’s stock after acquiring an additional 335 shares during the quarter. Whittier Trust Co.’s holdings in CrowdStrike were worth $139,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Morgan Stanley boosted its position in shares of CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock worth $832,516,000 after buying an additional 2,757,251 shares during the period. Alliancebernstein L.P. boosted its position in shares of CrowdStrike by 1,593.7% in the second quarter. Alliancebernstein L.P. now owns 2,643,904 shares of the company’s stock worth $388,310,000 after buying an additional 2,487,806 shares during the period. BlackRock Inc. boosted its position in shares of CrowdStrike by 17.6% in the second quarter. BlackRock Inc. now owns 16,070,200 shares of the company’s stock worth $2,360,230,000 after buying an additional 2,401,659 shares during the period. Norges Bank acquired a new stake in shares of CrowdStrike in the fourth quarter worth $244,740,000. Finally, T. Rowe Price Investment Management Inc. boosted its position in shares of CrowdStrike by 62.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,761,214 shares of the company’s stock worth $396,019,000 after buying an additional 1,440,905 shares during the period. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 22,123 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $286.00, for a total value of $6,327,178.00. Following the completion of the sale, the president now directly owns 311,872 shares in the company, valued at approximately $89,195,392. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Burt W. Podbere sold 26,097 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.61, for a total transaction of $8,497,444.17. Following the transaction, the chief financial officer now directly owns 347,792 shares of the company’s stock, valued at $113,244,553.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael Sentonas sold 22,123 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $286.00, for a total transaction of $6,327,178.00. Following the transaction, the president now directly owns 311,872 shares in the company, valued at $89,195,392. The disclosure for this sale can be found here. Insiders sold a total of 235,881 shares of company stock worth $72,230,185 in the last three months. Insiders own 5.68% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on CRWD. Wells Fargo & Company raised their target price on CrowdStrike from $315.00 to $380.00 and gave the company an “overweight” rating in a report on Monday, March 4th. Macquarie restated an “outperform” rating and set a $370.00 target price on shares of CrowdStrike in a report on Tuesday, March 19th. KeyCorp raised their target price on CrowdStrike from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. The Goldman Sachs Group lifted their price objective on CrowdStrike from $222.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Finally, UBS Group lifted their price objective on CrowdStrike from $385.00 to $430.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the stock. According to data from MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $373.29.

Check Out Our Latest Report on CrowdStrike

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $324.76 on Tuesday. The company has a fifty day moving average price of $312.45 and a 200 day moving average price of $244.55. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. The firm has a market cap of $78.55 billion, a PE ratio of 902.14, a PEG ratio of 13.30 and a beta of 1.06.

About CrowdStrike

(Free Report)

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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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