Keybank National Association OH Grows Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Keybank National Association OH boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.4% during the 4th quarter, Holdings Channel reports. The firm owned 5,662 shares of the company’s stock after buying an additional 188 shares during the period. Keybank National Association OH’s holdings in CrowdStrike were worth $1,937,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC grew its stake in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. increased its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in CrowdStrike in the 4th quarter valued at $34,000. Finally, Ashton Thomas Securities LLC purchased a new stake in CrowdStrike in the 3rd quarter worth $38,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the sale, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the transaction, the director now owns 811,842 shares in the company, valued at $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock worth $38,387,254 in the last three months. Corporate insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of several research reports. Bank of America lifted their target price on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Oppenheimer increased their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. raised their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Finally, Evercore ISI upped their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $400.10.

CrowdStrike Price Performance

CRWD opened at $347.73 on Friday. 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 business’s fifty day simple moving average is $387.50 and its 200-day simple moving average is $338.08. The company has a market capitalization of $85.65 billion, a price-to-earnings ratio of 681.84, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

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.