CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Chase Investment Counsel Corp

Chase Investment Counsel Corp decreased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,706 shares of the company’s stock after selling 249 shares during the period. CrowdStrike makes up about 2.2% of Chase Investment Counsel Corp’s investment portfolio, making the stock its 10th largest position. Chase Investment Counsel Corp’s holdings in CrowdStrike were worth $5,031,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Avaii Wealth Management LLC lifted its stake in CrowdStrike by 98.3% in the 4th quarter. Avaii Wealth Management LLC now owns 3,464 shares of the company’s stock worth $884,000 after acquiring an additional 1,717 shares in the last quarter. Choreo LLC lifted its stake in CrowdStrike by 11.0% in the 4th quarter. Choreo LLC now owns 1,726 shares of the company’s stock worth $441,000 after acquiring an additional 171 shares in the last quarter. Eagle Wealth Strategies LLC purchased a new stake in CrowdStrike in the 4th quarter worth about $283,000. Silver Oak Securities Incorporated lifted its stake in CrowdStrike by 404.3% in the 4th quarter. Silver Oak Securities Incorporated now owns 827 shares of the company’s stock worth $211,000 after acquiring an additional 663 shares in the last quarter. Finally, MGO Private Wealth LLC increased its holdings in shares of CrowdStrike by 17.8% during the 4th quarter. MGO Private Wealth LLC now owns 1,667 shares of the company’s stock valued at $426,000 after acquiring an additional 252 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of research reports. Robert W. Baird raised their price objective on CrowdStrike from $281.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Sanford C. Bernstein began coverage on CrowdStrike in a research report on Thursday, January 18th. They set an “outperform” rating and a $334.00 target price for the company. Piper Sandler raised their target price on CrowdStrike from $300.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 6th. Guggenheim raised their target price on CrowdStrike from $358.00 to $424.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Finally, HSBC raised their target price on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.87.

CrowdStrike Stock Up 0.3 %

Shares of CRWD stock traded up $0.85 on Monday, hitting $304.92. 1,112,994 shares of the stock were exchanged, compared to its average volume of 3,498,561. 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 capitalization of $73.75 billion, a P/E ratio of 852.05, a price-to-earnings-growth ratio of 12.16 and a beta of 1.05. The business has a 50-day moving average of $314.71 and a 200 day moving average of $269.29. CrowdStrike Holdings, Inc. has a fifty-two week low of $115.67 and a fifty-two week high of $365.00.

CrowdStrike (NASDAQ:CRWD) last posted 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. The company had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Equities analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction that occurred on 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 $11,773,108.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction that occurred on 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 $11,773,108.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on 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 sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 223,544 shares of company stock valued at $72,113,932. Insiders own 5.68% of the company’s stock.

CrowdStrike 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.