866 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Mosaic Financial Group LLC

Mosaic Financial Group LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 866 shares of the company’s stock, valued at approximately $296,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in CrowdStrike during the 4th quarter valued at $27,000. Fortitude Family Office LLC increased its position in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. lifted its holdings in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike during the 4th quarter worth about $34,000. Finally, Crowley Wealth Management Inc. bought a new position in CrowdStrike during the 4th quarter valued at about $34,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, CAO Anurag Saha sold 2,141 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $371.79, for a total value of $796,002.39. Following the transaction, the chief accounting officer now directly owns 34,024 shares of the company’s stock, valued at approximately $12,649,782.96. This represents a 5.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the sale, the director now directly owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,801 shares of company stock worth $42,092,255. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Performance

CRWD opened at $352.58 on Tuesday. The firm’s 50-day moving average price is $388.06 and its 200-day moving average price is $350.16. The company has a market cap of $87.40 billion, a P/E ratio of 691.35, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CRWD shares. JPMorgan Chase & Co. increased their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Jefferies Financial Group dropped their price objective on CrowdStrike from $425.00 to $410.00 and set a “buy” rating for the company in a report on Monday. Rosenblatt Securities reiterated a “buy” rating and set a $450.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. BTIG Research upgraded CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 target price for the company in a research report on Tuesday, March 25th. Finally, Robert W. Baird reduced their price target on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $399.62.

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.