CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Raised by Columbia Trust Co 01012016

Columbia Trust Co 01012016 raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,545 shares of the company’s stock after acquiring an additional 513 shares during the period. Columbia Trust Co 01012016’s holdings in CrowdStrike were worth $1,160,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Tokio Marine Asset Management Co. Ltd. grew its position in CrowdStrike by 2.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,583 shares of the company’s stock worth $934,000 after purchasing an additional 141 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its position in CrowdStrike by 17.1% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 159,202 shares of the company’s stock worth $40,647,000 after purchasing an additional 23,265 shares in the last quarter. Sara Bay Financial purchased a new position in shares of CrowdStrike during the 4th quarter valued at $255,000. Nordea Investment Management AB grew its holdings in shares of CrowdStrike by 8.6% during the 4th quarter. Nordea Investment Management AB now owns 510,362 shares of the company’s stock valued at $130,096,000 after acquiring an additional 40,222 shares in the last quarter. Finally, Advisor Resource Council purchased a new position in shares of CrowdStrike during the 4th quarter valued at $2,080,000. Institutional investors own 63.53% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD traded up $5.25 during trading hours on Tuesday, reaching $330.01. 2,415,097 shares of the company traded hands, compared to its average volume of 4,033,896. The stock’s fifty day moving average is $313.28 and its 200 day moving average is $245.66. The stock has a market cap of $79.82 billion, a P/E ratio of 916.69, a price-to-earnings-growth ratio of 13.30 and a beta of 1.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.76 and a current ratio of 1.76. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. DA Davidson boosted their price target on shares of CrowdStrike from $285.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Truist Financial boosted their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Citigroup boosted their price target on shares of CrowdStrike from $320.00 to $425.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Guggenheim boosted their price target on shares of CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Finally, Royal Bank of Canada lifted their price objective on shares of CrowdStrike from $357.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $373.29.

Insider Activity

In related news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 26,097 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.61, for a total transaction of $8,497,444.17. Following the completion of the sale, the chief financial officer now directly owns 347,792 shares in the company, valued at approximately $113,244,553.12. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 235,881 shares of company stock valued at $72,230,185. Insiders own 5.68% of the company’s stock.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.