CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 106.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,033 shares of the company’s stock after acquiring an additional 94,197 shares during the period. Toronto Dominion Bank’s holdings in CrowdStrike were worth $62,627,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of CrowdStrike by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company’s stock valued at $7,502,204,000 after acquiring an additional 342,294 shares during the period. Jennison Associates LLC lifted its position in shares of CrowdStrike by 6.9% during the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after acquiring an additional 352,180 shares during the period. Geode Capital Management LLC lifted its position in shares of CrowdStrike by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company’s stock valued at $1,712,063,000 after acquiring an additional 124,984 shares during the period. Norges Bank acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $1,111,542,000. Finally, Northern Trust Corp raised its position in shares of CrowdStrike by 16.6% during the 4th quarter. Northern Trust Corp now owns 2,271,722 shares of the company’s stock worth $777,292,000 after purchasing an additional 324,136 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. This represents a 3.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 13,543 shares of the business’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the transaction, the president now owns 405,308 shares in the company, valued at $145,351,554.96. This represents a 3.23% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 189,431 shares of company stock valued at $76,275,228. Company insiders own 3.32% of the company’s stock.

CrowdStrike Stock Up 1.7%

Shares of CrowdStrike stock opened at $439.26 on Friday. The company has a fifty day moving average price of $385.84 and a 200 day moving average price of $374.72. 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 Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The stock has a market cap of $108.88 billion, a price-to-earnings ratio of 861.31, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CRWD. Mizuho downgraded CrowdStrike from an “outperform” rating to a “neutral” rating and set a $425.00 price objective for the company. in a research report on Thursday. KeyCorp cut their price objective on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. Evercore ISI lifted their price objective on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Wells Fargo & Company lifted their price objective on CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. lifted their price objective on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $403.56.

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.