Sachetta LLC Has $49,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sachetta LLC increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 138.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 143 shares of the company’s stock after purchasing an additional 83 shares during the quarter. Sachetta LLC’s holdings in CrowdStrike were worth $49,000 as of its most recent filing with the SEC.

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

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $374.92 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a 50 day simple moving average of $357.88 and a 200 day simple moving average of $312.43. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The firm has a market cap of $92.35 billion, a P/E ratio of 735.15, a P/E/G ratio of 20.07 and a beta of 1.14.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the transaction, the insider now directly owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now owns 816,730 shares of the company’s stock, valued at $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,351 shares of company stock valued at $38,935,113. Company insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CRWD shares. The Goldman Sachs Group boosted their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research report on Wednesday, November 27th. Wells Fargo & Company boosted 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. Evercore ISI raised their target price on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, November 25th. Finally, Wedbush set a $330.00 price target on CrowdStrike in a report on Thursday, October 17th. One 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 assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $369.00.

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.