Clarius Group LLC Buys New Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Clarius Group LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 909 shares of the company’s stock, valued at approximately $311,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oak Ridge Investments LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $5,028,000. Aaron Wealth Advisors LLC increased its position in CrowdStrike by 15.4% during the fourth quarter. Aaron Wealth Advisors LLC now owns 1,013 shares of the company’s stock worth $347,000 after buying an additional 135 shares during the last quarter. Whitaker Myers Wealth Managers LTD. raised its stake in CrowdStrike by 17.6% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 1,234 shares of the company’s stock valued at $422,000 after buying an additional 185 shares during the period. BNC Wealth Management LLC lifted its position in shares of CrowdStrike by 7.7% in the fourth quarter. BNC Wealth Management LLC now owns 9,681 shares of the company’s stock valued at $3,312,000 after buying an additional 693 shares during the last quarter. Finally, Kera Capital Partners Inc. acquired a new position in shares of CrowdStrike during the 4th quarter worth approximately $287,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Down 1.8 %

NASDAQ:CRWD opened at $357.00 on Monday. The firm’s 50 day simple moving average is $355.86 and its 200 day simple moving average is $312.41. 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 one year low of $200.81 and a one year high of $398.33. The company has a market cap of $87.93 billion, a PE ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14.

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the sale, the director now owns 816,730 shares in the company, valued at $261,745,630.40. The trade was a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 110,351 shares of company stock worth $38,935,113. Company insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a report on Wednesday, November 27th. Bank of America lifted their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Truist Financial increased their price target on shares of CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Rosenblatt Securities boosted their price objective on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Cantor Fitzgerald upped their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $366.38.

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.