CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Argonautica Private Wealth Management Inc.

Argonautica Private Wealth Management Inc. boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 7,328 shares of the company’s stock after acquiring an additional 37 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in CrowdStrike were worth $2,507,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC raised 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 buying an additional 44 shares during the last quarter. FPC Investment Advisory Inc. lifted its stake in CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike in the 4th quarter valued at $34,000. Finally, Princeton Global Asset Management LLC increased its stake in shares of CrowdStrike by 240.0% in the third quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock worth $38,000 after acquiring an additional 96 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on CRWD. Morgan Stanley boosted their target price on shares of CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a research report on Wednesday, February 19th. Jefferies Financial Group upped their target price on CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. UBS Group lowered CrowdStrike from a “buy” rating to a “cautious” rating in a report on Wednesday, February 5th. Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Cantor Fitzgerald raised their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $383.08.

CrowdStrike Price Performance

CRWD stock opened at $379.75 on Wednesday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $93.54 billion, a price-to-earnings ratio of 744.62, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The business has a fifty day moving average of $384.90 and a two-hundred day moving average of $333.10.

Insider Transactions at CrowdStrike

In other news, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the transaction, the director now directly owns 42,391 shares in the company, valued at $14,791,491.63. This trade represents a 41.44 % decrease in their ownership of the stock. 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 Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares in the company, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 136,565 shares of company stock worth $51,038,529. 4.34% of the stock is currently owned by company insiders.

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.