By otakuyassine3@gmail.com 
Apexium Financial LP lowered its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,256 shares of the company’s stock after selling 29 shares during the quarter. Apexium Financial LP’s holdings in CrowdStrike were worth $772,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike during the fourth quarter worth about $27,000. Oakworth Capital Inc. bought a new stake in CrowdStrike in the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its position in CrowdStrike by 112.8% during the 4th 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 last quarter. Tsfg LLC grew its stake in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares in the last quarter. Finally, Castleview Partners LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $32,000. 71.16% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on CRWD shares. Royal Bank of Canada boosted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Wells Fargo & Company upped their target price on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Robert W. Baird boosted their price target on CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Cantor Fitzgerald increased their price objective on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, Oppenheimer boosted their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have assigned 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.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $369.00.
View Our Latest Report on CrowdStrike
CrowdStrike Trading Down 0.7 %
NASDAQ:CRWD opened at $374.92 on Monday. The firm has a market cap of $92.35 billion, a price-to-earnings ratio of 735.15, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. 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 firm has a 50-day moving average price of $358.65 and a two-hundred day moving average price of $311.81. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33.
Insider Buying and Selling at CrowdStrike
In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. This trade represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock worth $38,935,113 in the last quarter. 4.34% of the stock is currently owned by company insiders.
CrowdStrike 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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