Thompson Davis & CO. Inc. Purchases 75 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Thompson Davis & CO. Inc. lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,135 shares of the company’s stock after buying an additional 75 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in CrowdStrike were worth $388,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CRWD. Variant Private Wealth LLC bought a new stake in CrowdStrike during the fourth quarter worth approximately $539,000. Bell Bank bought a new stake in CrowdStrike during the fourth quarter worth approximately $247,000. Boyd Watterson Asset Management LLC OH boosted its position in CrowdStrike by 1.8% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 10,458 shares of the company’s stock worth $3,578,000 after purchasing an additional 186 shares during the period. Greystone Financial Group LLC bought a new stake in CrowdStrike during the fourth quarter worth approximately $7,244,000. Finally, Bradley Foster & Sargent Inc. CT boosted its position in CrowdStrike by 0.6% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 39,596 shares of the company’s stock worth $13,548,000 after purchasing an additional 248 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of recent analyst reports. Stifel Nicolaus upped their target price on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday. HSBC lowered 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. Piper Sandler upped their price target on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Mizuho upped their price target on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Finally, BMO Capital Markets upped their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $383.08.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $349.34, for a total value of $2,183,375.00. Following the transaction, the director now owns 809,266 shares in the company, valued at $282,708,984.44. This trade represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the transaction, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 136,565 shares of company stock worth $51,038,529. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD stock opened at $406.61 on Friday. The stock’s fifty day moving average is $384.76 and its 200-day moving average is $329.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market capitalization of $100.15 billion, a PE ratio of 797.30, a PEG ratio of 18.44 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

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.