Bard Financial Services Inc. Boosts Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Bard Financial Services Inc. lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,220 shares of the company’s stock after purchasing an additional 50 shares during the quarter. Bard Financial Services Inc.’s holdings in CrowdStrike were worth $760,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Victory Capital Management Inc. lifted its position in shares of CrowdStrike by 7.4% during the 2nd quarter. Victory Capital Management Inc. now owns 209,859 shares of the company’s stock valued at $80,416,000 after buying an additional 14,467 shares in the last quarter. Farmers & Merchants Investments Inc. grew its position in shares of CrowdStrike by 1,712.5% in the second quarter. Farmers & Merchants Investments Inc. now owns 145 shares of the company’s stock valued at $56,000 after purchasing an additional 137 shares during the period. New York Life Investment Management LLC purchased a new stake in shares of CrowdStrike during the second quarter worth about $9,584,000. Private Advisor Group LLC raised its position in shares of CrowdStrike by 14.1% during the 2nd quarter. Private Advisor Group LLC now owns 32,611 shares of the company’s stock worth $12,496,000 after purchasing an additional 4,028 shares during the last quarter. Finally, Savant Capital LLC lifted its stake in CrowdStrike by 2.4% in the 2nd quarter. Savant Capital LLC now owns 9,674 shares of the company’s stock valued at $3,707,000 after buying an additional 223 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Oppenheimer increased their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. KeyCorp raised their price objective on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. BNP Paribas began coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 target price for the company. Truist Financial increased their target price on shares of CrowdStrike from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Finally, Robert W. Baird upped their price objective on shares of CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.63.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total value of $1,237,520.00. Following the sale, the insider now directly owns 124,298 shares in the company, valued at approximately $38,455,315.24. This trade represents a 3.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 116,601 shares of company stock valued at $40,755,368 in the last quarter. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 1.5 %

NASDAQ:CRWD traded up $5.41 during midday trading on Monday, reaching $364.43. The company had a trading volume of 1,429,802 shares, compared to its average volume of 2,255,165. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The firm has a market capitalization of $89.76 billion, a price-to-earnings ratio of 714.58, a PEG ratio of 19.48 and a beta of 1.14. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock’s fifty day simple moving average is $346.72 and its 200-day simple moving average is $313.85.

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.