Commons Capital LLC Has $1.90 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Commons Capital LLC lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,540 shares of the company’s stock after selling 57 shares during the period. CrowdStrike makes up approximately 1.7% of Commons Capital LLC’s holdings, making the stock its 11th biggest position. Commons Capital LLC’s holdings in CrowdStrike were worth $1,896,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CRWD. Dimensional Fund Advisors LP lifted its position in shares of CrowdStrike by 54.6% in the second quarter. Dimensional Fund Advisors LP now owns 286,183 shares of the company’s stock worth $109,670,000 after buying an additional 101,079 shares during the last quarter. Fidelis Capital Partners LLC lifted its position in shares of CrowdStrike by 59.1% in the second quarter. Fidelis Capital Partners LLC now owns 905 shares of the company’s stock worth $347,000 after buying an additional 336 shares during the last quarter. Public Sector Pension Investment Board acquired a new stake in shares of CrowdStrike in the second quarter worth about $3,447,000. Evergreen Capital Management LLC lifted its position in shares of CrowdStrike by 8.7% in the second quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock worth $364,000 after buying an additional 76 shares during the last quarter. Finally, Lombard Odier Asset Management Europe Ltd acquired a new stake in shares of CrowdStrike in the second quarter worth about $1,605,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This represents a 0.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Up 2.6 %

NASDAQ CRWD opened at $366.41 on Wednesday. The stock’s 50 day simple moving average is $356.16 and its 200 day simple moving average is $311.67. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market cap of $90.25 billion, a PE ratio of 718.47, a price-to-earnings-growth ratio of 18.99 and a beta of 1.14.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. KeyCorp boosted their price objective on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Bank of America boosted their price objective on CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Canaccord Genuity Group reissued a “buy” rating and set a $330.00 price objective on shares of CrowdStrike in a research report on Monday, September 30th. Finally, JPMorgan Chase & Co. boosted their price objective on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $369.00.

About CrowdStrike

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.