Dorsey & Whitney Trust CO LLC Makes New $286,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Dorsey & Whitney Trust CO LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,119 shares of the company’s stock, valued at approximately $286,000.

A number of other institutional investors also recently modified their holdings of the business. Harvest Investment Services LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $527,000. NWK Group Inc. bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $3,501,000. Goldstein Advisors LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $235,000. Evoke Wealth LLC boosted its position in shares of CrowdStrike by 4.3% in the fourth quarter. Evoke Wealth LLC now owns 1,283 shares of the company’s stock valued at $328,000 after acquiring an additional 53 shares during the period. Finally, Claret Asset Management Corp bought a new stake in shares of CrowdStrike in the fourth quarter valued at about $276,000. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of CrowdStrike from $371.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 29th. Needham & Company LLC upped their price objective on shares of CrowdStrike from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. DA Davidson upped their price objective on shares of CrowdStrike from $285.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. BMO Capital Markets upped their price objective on shares of CrowdStrike from $332.00 to $425.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Finally, Truist Financial boosted their target price on CrowdStrike from $350.00 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 given a buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $373.95.

View Our Latest Analysis on CRWD

Insider Activity

In other news, CAO Anurag Saha sold 1,019 shares of CrowdStrike 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 sale, the chief accounting officer now owns 36,136 shares in the company, valued at approximately $11,773,108.80. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $331,990.20. Following the completion of the sale, the chief accounting officer now owns 36,136 shares in the company, valued at approximately $11,773,108.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.85, for a total value of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 317,000 shares of company stock worth $101,229,160. 4.34% of the stock is currently owned by insiders.

CrowdStrike Trading Down 0.7 %

Shares of CrowdStrike stock opened at $313.67 on Monday. CrowdStrike Holdings, Inc. has a 1 year low of $139.37 and a 1 year high of $365.00. The firm has a market cap of $75.87 billion, a PE ratio of 871.31, a P/E/G ratio of 12.55 and a beta of 1.08. The stock has a fifty day moving average price of $318.07 and a 200-day moving average price of $294.11. 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 (NASDAQ:CRWDGet Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The company had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. Equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

CrowdStrike Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report).

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.