Arthur M. Cohen & Associates LLC Boosts Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Arthur M. Cohen & Associates LLC lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 10.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,438 shares of the company’s stock after buying an additional 1,811 shares during the quarter. CrowdStrike comprises 1.1% of Arthur M. Cohen & Associates LLC’s investment portfolio, making the stock its 17th biggest position. Arthur M. Cohen & Associates LLC’s holdings in CrowdStrike were worth $6,309,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its position in shares of CrowdStrike by 18.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,532 shares of the company’s stock valued at $1,737,000 after buying an additional 691 shares during the period. Dimensional Fund Advisors LP increased its holdings in CrowdStrike by 54.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 286,183 shares of the company’s stock worth $109,670,000 after acquiring an additional 101,079 shares during the period. Axxcess Wealth Management LLC lifted its stake in CrowdStrike by 86.9% in the 2nd quarter. Axxcess Wealth Management LLC now owns 2,880 shares of the company’s stock worth $1,104,000 after purchasing an additional 1,339 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in CrowdStrike by 35.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 16,186 shares of the company’s stock valued at $6,294,000 after purchasing an additional 4,222 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its position in shares of CrowdStrike by 8.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,116 shares of the company’s stock valued at $3,110,000 after purchasing an additional 634 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of CrowdStrike 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 completion of the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 110,351 shares of company stock worth $38,935,113 in the last 90 days. Insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CRWD shares. Wells Fargo & Company increased their price objective on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Rosenblatt Securities raised their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Oppenheimer upped their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Finally, Jefferies Financial Group upped their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $366.38.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $357.00 on Friday. The company has a 50 day simple moving average of $355.33 and a two-hundred day simple moving average of $313.16. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The company has a market capitalization of $87.93 billion, a price-to-earnings ratio of 700.01, a P/E/G ratio of 18.55 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.

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.