Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $28,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 82.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 110 shares of the company’s stock after selling 533 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in CrowdStrike were worth $28,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CRWD. Morgan Stanley lifted its holdings in shares of CrowdStrike by 124.4% in the 3rd quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock worth $832,516,000 after purchasing an additional 2,757,251 shares in the last quarter. Jennison Associates LLC lifted its holdings in shares of CrowdStrike by 33.2% in the 4th quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock worth $1,618,938,000 after purchasing an additional 1,581,796 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of CrowdStrike by 22,542.6% in the 4th quarter. International Assets Investment Management LLC now owns 734,300 shares of the company’s stock worth $187,481,000 after purchasing an additional 731,057 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of CrowdStrike by 52.3% in the 3rd quarter. Invesco Ltd. now owns 1,249,776 shares of the company’s stock worth $209,188,000 after purchasing an additional 429,186 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of CrowdStrike by 17.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock worth $463,482,000 after purchasing an additional 419,619 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $299.65 on Wednesday. The company has a market cap of $72.48 billion, a PE ratio of 832.38, a price-to-earnings-growth ratio of 11.56 and a beta of 1.05. 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 stock has a 50-day moving average price of $316.62 and a 200-day moving average price of $266.85. CrowdStrike Holdings, Inc. has a 12-month low of $115.67 and a 12-month high of $365.00.

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

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 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Scotiabank increased their target price on CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a report on Wednesday, March 6th. Royal Bank of Canada raised their price objective on CrowdStrike from $357.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. BTIG Research raised their price objective on CrowdStrike from $322.00 to $432.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Citigroup raised their price objective on CrowdStrike from $320.00 to $425.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. Finally, JMP Securities raised their price objective on CrowdStrike from $330.00 to $400.00 and gave the company a “market outperform” rating in a research note 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 company. According to MarketBeat.com, CrowdStrike has a consensus 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.