First Financial Group Corp Takes $227,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

First Financial Group Corp purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 664 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds have also modified their holdings of the stock. Greykasell Wealth Strategies Inc. bought a new position in CrowdStrike in the fourth quarter valued at approximately $303,000. Zevin Asset Management LLC boosted its stake in CrowdStrike by 50.2% in the fourth quarter. Zevin Asset Management LLC now owns 34,685 shares of the company’s stock valued at $11,868,000 after acquiring an additional 11,590 shares during the last quarter. Wellington Shields & Co. LLC raised its holdings in CrowdStrike by 19.8% in the fourth quarter. Wellington Shields & Co. LLC now owns 1,267 shares of the company’s stock worth $434,000 after purchasing an additional 209 shares during the period. Left Brain Wealth Management LLC raised its holdings in CrowdStrike by 36.1% in the fourth quarter. Left Brain Wealth Management LLC now owns 20,677 shares of the company’s stock worth $7,075,000 after purchasing an additional 5,481 shares during the period. Finally, King Wealth Management Group raised its holdings in CrowdStrike by 7.9% in the fourth quarter. King Wealth Management Group now owns 10,144 shares of the company’s stock worth $3,471,000 after purchasing an additional 741 shares during the period. 71.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Needham & Company LLC reiterated a “buy” rating and issued a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $440.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Evercore ISI raised their price objective on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Finally, Scotiabank restated a “sector perform” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $398.78.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $353.73 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month 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 company has a 50-day simple moving average of $385.70 and a two-hundred day simple moving average of $340.82. The stock has a market capitalization of $87.13 billion, a price-to-earnings ratio of 693.60, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 18,071 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the completion of the transaction, the chief executive officer now owns 2,159,935 shares of the company’s stock, valued at $776,928,619.50. The trade was a 0.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 100,315 shares of company stock worth $38,387,254 in the last quarter. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Company 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.