Ceera Investments LLC Has $5.85 Million Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Ceera Investments LLC trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,091 shares of the company’s stock after selling 170 shares during the period. CrowdStrike makes up about 2.0% of Ceera Investments LLC’s investment portfolio, making the stock its 17th biggest position. Ceera Investments LLC’s holdings in CrowdStrike were worth $5,848,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter worth approximately $27,000. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. FPC Investment Advisory Inc. raised its stake in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after buying an additional 73 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike during the fourth quarter worth approximately $34,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of CrowdStrike during the third quarter worth approximately $38,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $333.50 on Friday. The stock has a market cap of $82.14 billion, a P/E ratio of 653.93, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a fifty day moving average price of $387.07 and a two-hundred day moving average price of $339.05. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Evercore ISI boosted their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday. Jefferies Financial Group dropped their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday. Robert W. Baird lowered their target price on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. upped their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Finally, Royal Bank of Canada upped their target price on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $400.10.

Insider Activity

In other news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,315 shares of company stock valued at $38,387,254 over the last ninety days. 4.34% of the stock is currently owned by company insiders.

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.