Gainplan LLC decreased its position in Crowdstrike Holdings Inc (NASDAQ:CRWD) by 70.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,000 shares of the company’s stock after selling 17,000 shares during the quarter. Gainplan LLC’s holdings in Crowdstrike were worth $349,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Sanders Morris Harris LLC acquired a new stake in shares of Crowdstrike in the fourth quarter valued at $1,737,000. IBM Retirement Fund acquired a new stake in shares of Crowdstrike in the fourth quarter valued at $3,137,000. Jericho Capital Asset Management L.P. lifted its holdings in shares of Crowdstrike by 155.3% in the third quarter. Jericho Capital Asset Management L.P. now owns 2,050,104 shares of the company’s stock valued at $119,542,000 after buying an additional 1,247,169 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of Crowdstrike in the third quarter valued at $496,000. Finally, Vista Equity Partners Management LLC lifted its holdings in shares of Crowdstrike by 117.8% in the third quarter. Vista Equity Partners Management LLC now owns 130,666 shares of the company’s stock valued at $7,619,000 after buying an additional 70,666 shares during the period. Institutional investors and hedge funds own 35.26% of the company’s stock.

NASDAQ:CRWD traded up $1.01 during trading hours on Wednesday, hitting $60.25. 7,965,908 shares of the company’s stock traded hands, compared to its average volume of 9,680,588. Crowdstrike Holdings Inc has a twelve month low of $44.58 and a twelve month high of $101.88. The stock’s fifty day moving average price is $52.02 and its two-hundred day moving average price is $65.19.

Crowdstrike (NASDAQ:CRWD) last posted its quarterly earnings results on Thursday, December 5th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.12. The business had revenue of $125.10 million for the quarter, compared to analyst estimates of $118.79 million. Crowdstrike’s revenue for the quarter was up 88.4% compared to the same quarter last year. Equities analysts forecast that Crowdstrike Holdings Inc will post -1.03 earnings per share for the current year.

In other Crowdstrike news, CEO George Kurtz sold 2,344 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $59.50, for a total value of $139,468.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 215,000 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $49.79, for a total value of $10,704,850.00. Following the completion of the transaction, the chief financial officer now directly owns 215,000 shares in the company, valued at $10,704,850. The disclosure for this sale can be found here. Insiders have sold 7,957,350 shares of company stock worth $412,457,590 over the last three months.

Several brokerages have recently weighed in on CRWD. Barclays upped their price objective on Crowdstrike from $75.00 to $77.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Zacks Investment Research upped their target price on Crowdstrike to $78.00 in a report on Monday. SunTrust Banks raised Crowdstrike from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a report on Wednesday, October 2nd. Piper Jaffray Companies assumed coverage on Crowdstrike in a report on Tuesday, December 10th. They set an “overweight” rating and a $70.00 target price for the company. Finally, Bank of America reduced their target price on Crowdstrike from $103.00 to $86.00 and set a “buy” rating for the company in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have issued a buy rating to the company. Crowdstrike currently has a consensus rating of “Buy” and an average price target of $76.10.

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Institutional Ownership by Quarter for Crowdstrike (NASDAQ:CRWD)

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