Garden State Investment Advisory Services LLC Buys Shares of 1,591 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Garden State Investment Advisory Services LLC purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,591 shares of the company’s stock, valued at approximately $446,000.

Several other large investors have also made changes to their positions in CRWD. Jennison Associates LLC lifted its stake in CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after purchasing an additional 1,013,161 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after buying an additional 920,695 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in CrowdStrike by 1,655.9% in the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after buying an additional 712,900 shares in the last quarter. Bank of New York Mellon Corp grew its position in CrowdStrike by 47.5% in the second quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock valued at $671,828,000 after acquiring an additional 564,662 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock worth $146,180,000 after acquiring an additional 371,695 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CRWD shares. Barclays raised their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. BMO Capital Markets boosted their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. JMP Securities reiterated a “market outperform” rating and issued a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a report on Wednesday, November 27th. Finally, Piper Sandler upped their target price on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $355.80.

CrowdStrike Stock Up 1.2 %

NASDAQ CRWD traded up $4.22 on Friday, reaching $369.72. The company had a trading volume of 495,137 shares, compared to its average volume of 4,931,529. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company’s fifty day moving average is $329.10 and its 200 day moving average is $314.07. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The stock has a market capitalization of $91.07 billion, a P/E ratio of 723.63, a P/E/G ratio of 19.48 and a beta of 1.11.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $500,322.24. Following the transaction, the chief accounting officer now owns 38,962 shares of the company’s stock, valued at approximately $11,582,623.36. The trade was a 4.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the completion of the transaction, the director now owns 809,266 shares of the company’s stock, valued at $282,708,984.44. This trade represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 144,498 shares of company stock worth $45,116,385 in the last quarter. 4.34% of the stock is currently owned by corporate insiders.

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.