Greenleaf Trust Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Greenleaf Trust bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 873 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors have also recently added to or reduced their stakes in CRWD. Vanguard Group Inc. increased its holdings in shares of CrowdStrike by 1.0% in the third quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock valued at $2,463,451,000 after buying an additional 150,898 shares in the last quarter. Morgan Stanley raised its stake in CrowdStrike by 124.4% during the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after purchasing an additional 2,757,251 shares during the period. Ameriprise Financial Inc. raised its stake in CrowdStrike by 17.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock valued at $463,482,000 after purchasing an additional 419,619 shares during the period. FMR LLC raised its stake in CrowdStrike by 8.6% during the 3rd quarter. FMR LLC now owns 1,864,511 shares of the company’s stock valued at $312,082,000 after purchasing an additional 147,757 shares during the period. Finally, Northern Trust Corp raised its stake in CrowdStrike by 2.0% during the 3rd quarter. Northern Trust Corp now owns 1,374,920 shares of the company’s stock valued at $230,134,000 after purchasing an additional 27,395 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,019 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock valued at $72,113,932. Insiders own 5.68% of the company’s stock.

CrowdStrike Stock Down 0.7 %

CRWD stock opened at $297.62 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. CrowdStrike Holdings, Inc. has a 52-week low of $115.67 and a 52-week high of $365.00. The company has a 50-day moving average of $315.88 and a two-hundred day moving average of $267.07. The stock has a market capitalization of $71.99 billion, a price-to-earnings ratio of 826.75, a price-to-earnings-growth ratio of 11.56 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. As a group, equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on CRWD. Morgan Stanley boosted their target price on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a research note on Wednesday, March 13th. Sanford C. Bernstein began coverage on shares of CrowdStrike in a research note on Thursday, January 18th. They set an “outperform” rating and a $334.00 target price on the stock. Truist Financial boosted their target price on shares of CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. JMP Securities boosted their target price on shares of CrowdStrike from $330.00 to $400.00 and gave the company a “market outperform” rating in a research note on Wednesday, March 6th. Finally, Canaccord Genuity Group upped their price target on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $371.87.

CrowdStrike Company 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.