CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Clarity Capital Partners LLC

Clarity Capital Partners LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,777 shares of the company’s stock after purchasing an additional 780 shares during the quarter. CrowdStrike accounts for 1.2% of Clarity Capital Partners LLC’s investment portfolio, making the stock its 21st biggest holding. Clarity Capital Partners LLC’s holdings in CrowdStrike were worth $2,319,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Jennison Associates LLC raised its stake in shares of CrowdStrike by 25.0% during the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after buying an additional 1,013,161 shares during the last quarter. International Assets Investment Management LLC increased its holdings in CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after acquiring an additional 920,695 shares in the last quarter. Daiwa Securities Group Inc. raised its position in CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after acquiring an additional 712,900 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of CrowdStrike by 248.6% in the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after purchasing an additional 371,695 shares in the last quarter. Finally, State Street Corp grew its position in shares of CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after purchasing an additional 275,717 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now directly owns 389,589 shares of the company’s stock, valued at $139,655,968.83. This represents a 2.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the sale, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 136,565 shares of company stock valued at $50,597,609. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 0.7 %

CRWD opened at $434.63 on Thursday. The firm’s 50 day moving average is $371.79 and its 200-day moving average is $319.16. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $437.60. 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 firm has a market capitalization of $107.05 billion, a P/E ratio of 852.23, a P/E/G ratio of 17.22 and a beta of 1.16.

Analyst Ratings Changes

CRWD has been the subject of several research reports. Wells Fargo & Company lifted their price objective on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. Mizuho increased their price objective on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday. Evercore ISI lifted their price objective on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday, November 25th. Finally, Needham & Company LLC upped their target price on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $376.00.

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.