Callan Capital LLC Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Callan Capital LLC grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 26.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,530 shares of the company’s stock after purchasing an additional 939 shares during the quarter. Callan Capital LLC’s holdings in CrowdStrike were worth $1,550,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in CrowdStrike in the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. Luken Investment Analytics LLC purchased a new position in CrowdStrike in the fourth quarter worth approximately $34,000. Princeton Global Asset Management LLC grew its stake in shares of CrowdStrike by 240.0% during the third quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock worth $38,000 after purchasing an additional 96 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in CrowdStrike in the third quarter valued at $38,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CRWD shares. KeyCorp lifted their price target on CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. BMO Capital Markets increased their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Bank of America boosted their price objective on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Stifel Nicolaus raised their price objective on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $383.08.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction 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 $14,718,009.14. This trade represents 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 at the SEC website. Also, CFO Burt W. Podbere sold 11,217 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.14, for a total transaction of $4,017,256.38. Following the completion of the transaction, the chief financial officer now directly owns 290,711 shares of the company’s stock, valued at $104,115,237.54. The trade was a 3.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,565 shares of company stock worth $51,038,529 in the last ninety days. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CrowdStrike stock opened at $406.61 on Friday. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The firm has a market capitalization of $100.15 billion, a PE ratio of 797.30, a P/E/G ratio of 18.44 and a beta of 1.16. 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 firm’s 50-day simple moving average is $384.76 and its 200 day simple moving average is $329.67.

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.