Whipplewood Advisors LLC Buys Shares of 156 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Whipplewood Advisors LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 156 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike in the fourth quarter worth $27,000. FPC Investment Advisory Inc. increased its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Fortitude Family Office LLC increased its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike in the fourth quarter worth $34,000. Finally, Bank of Jackson Hole Trust purchased a new stake in shares of CrowdStrike in the fourth quarter worth $46,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Trading Up 2.5 %

CRWD stock opened at $389.66 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. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The firm’s 50-day moving average is $386.94 and its 200 day moving average is $334.90. The company has a market capitalization of $95.98 billion, a PE ratio of 764.05, a P/E/G ratio of 17.86 and a beta of 1.16.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 106,565 shares of company stock worth $40,570,629. Company insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. 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 note on Friday. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Stifel Nicolaus raised their target price on shares of CrowdStrike from $400.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. Truist Financial raised their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Finally, Jefferies Financial Group raised their target price on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and an average price target of $389.50.

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.