CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Raised by Mutual Advisors LLC

Mutual Advisors LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,114 shares of the company’s stock after buying an additional 670 shares during the quarter. Mutual Advisors LLC’s holdings in CrowdStrike were worth $1,858,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CRWD. Public Sector Pension Investment Board purchased a new stake in CrowdStrike in the 2nd quarter worth approximately $3,447,000. Evergreen Capital Management LLC increased its position in CrowdStrike by 8.7% during the second quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock worth $364,000 after buying an additional 76 shares during the last quarter. APG Asset Management N.V. raised its holdings in CrowdStrike by 4.1% during the second quarter. APG Asset Management N.V. now owns 186,057 shares of the company’s stock valued at $66,522,000 after buying an additional 7,324 shares in the last quarter. Daymark Wealth Partners LLC lifted its position in shares of CrowdStrike by 626.7% in the second quarter. Daymark Wealth Partners LLC now owns 8,045 shares of the company’s stock worth $3,083,000 after buying an additional 6,938 shares during the last quarter. Finally, MBB Public Markets I LLC boosted its stake in shares of CrowdStrike by 2,327.1% during the 2nd quarter. MBB Public Markets I LLC now owns 16,237 shares of the company’s stock worth $6,222,000 after acquiring an additional 15,568 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other news, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now owns 42,391 shares in the company, valued at $14,791,491.63. The trade was a 41.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Trading Down 0.7 %

CRWD opened at $374.92 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $92.35 billion, a PE ratio of 735.15, a PEG ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The firm has a 50-day moving average price of $357.88 and a two-hundred day moving average price of $312.43.

Analysts Set New Price Targets

CRWD has been the subject of several analyst reports. Wells Fargo & Company boosted 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. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. Evercore ISI lifted their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. Piper Sandler raised their price target on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. boosted their price objective on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $369.00.

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.