CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,975 shares of the company’s stock after acquiring an additional 87 shares during the period. Capital Advisors Inc. OK’s holdings in CrowdStrike were worth $676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CRWD. Empirical Asset Management LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth about $11,310,000. Beacon Financial Advisory LLC acquired a new position in shares of CrowdStrike during the third quarter valued at approximately $955,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of CrowdStrike by 10.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after acquiring an additional 78,305 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of CrowdStrike by 0.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after acquiring an additional 2,863 shares during the last quarter. Finally, Hemenway Trust Co LLC increased its position in shares of CrowdStrike by 356.8% during the third quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock worth $1,922,000 after purchasing an additional 5,352 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Trading Up 0.7 %

NASDAQ:CRWD opened at $434.63 on Thursday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $437.60. The firm has a market cap of $107.05 billion, a PE ratio of 852.23, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. 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 has a fifty day moving average price of $371.79 and a 200 day moving average price of $319.16.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wedbush set a $330.00 price objective on CrowdStrike in a report on Thursday, October 17th. HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research note on Wednesday, November 27th. Mizuho increased their price objective on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Finally, Cantor Fitzgerald upped their price target 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, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $376.00.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 17,120 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the completion of the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This represents a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,565 shares of company stock valued at $50,597,609 in the last quarter. Corporate insiders own 4.34% of the company’s stock.

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.