By otakuyassine3@gmail.com 
Fulton Breakefield Broenniman LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) in the 4th quarter, Holdings Channel reports. The fund acquired 640 shares of the company’s stock, valued at approximately $219,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter valued at $27,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike in the third quarter worth about $28,000. Fortitude Family Office LLC grew its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Tsfg LLC lifted its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares during the period. Finally, Castleview Partners LLC purchased a new stake in CrowdStrike during the third quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CRWD has been the subject of a number of analyst reports. KeyCorp upped their price target on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Citigroup upped their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. upped their target price on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Piper Sandler increased their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Finally, BMO Capital Markets upped their price objective on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $369.00.
Get Our Latest Research Report on CrowdStrike
Insider Buying and Selling
In related news, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock valued at $38,935,113 over the last quarter. 4.34% of the stock is currently owned by insiders.
CrowdStrike Trading Up 9.3 %
Shares of CrowdStrike stock opened at $408.68 on Wednesday. The company’s fifty day moving average is $359.26 and its two-hundred day moving average is $311.39. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $411.30. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market capitalization of $100.66 billion, a P/E ratio of 801.35, a PEG ratio of 20.07 and a beta of 1.14.
CrowdStrike Company 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.
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