CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 191,318 shares of the company’s stock after selling 2,933 shares during the period. New York State Teachers Retirement System’s holdings in CrowdStrike were worth $65,461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CRWD. Creative Planning lifted its holdings in shares of CrowdStrike by 9.2% during the 3rd quarter. Creative Planning now owns 173,349 shares of the company’s stock valued at $48,619,000 after acquiring an additional 14,609 shares in the last quarter. SPC Financial Inc. acquired a new position in shares of CrowdStrike during the 3rd quarter valued at $209,000. Bfsg LLC lifted its holdings in shares of CrowdStrike by 138.7% during the 3rd quarter. Bfsg LLC now owns 327 shares of the company’s stock valued at $92,000 after acquiring an additional 190 shares in the last quarter. Naviter Wealth LLC acquired a new position in CrowdStrike in the 3rd quarter worth $310,000. Finally, Good Life Advisors LLC lifted its holdings in CrowdStrike by 223.9% in the 3rd quarter. Good Life Advisors LLC now owns 3,543 shares of the company’s stock worth $994,000 after buying an additional 2,449 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 132,565 shares of company stock valued at $49,235,849. Company insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of a number of recent analyst reports. Rosenblatt Securities boosted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Susquehanna boosted their price objective on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. JMP Securities reiterated a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. Cantor Fitzgerald boosted their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Finally, Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $376.00.

CrowdStrike Trading Down 0.4 %

Shares of NASDAQ:CRWD opened at $451.74 on Friday. The company has a 50 day moving average of $374.98 and a 200-day moving average of $320.90. The firm has a market cap of $111.27 billion, a P/E ratio of 885.78, a P/E/G ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $454.13. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.