CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,258 shares of the company’s stock after acquiring an additional 1,371 shares during the period. CrowdStrike makes up approximately 1.9% of Newbridge Financial Services Group Inc.’s portfolio, making the stock its 9th biggest holding. Newbridge Financial Services Group Inc.’s holdings in CrowdStrike were worth $7,274,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CRWD. Kestra Private Wealth Services LLC increased its holdings in shares of CrowdStrike by 15.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 52,918 shares of the company’s stock valued at $18,106,000 after purchasing an additional 7,189 shares in the last quarter. Stephens Inc. AR grew its position in CrowdStrike by 11.9% during the fourth quarter. Stephens Inc. AR now owns 26,533 shares of the company’s stock worth $9,079,000 after buying an additional 2,824 shares during the period. Howland Capital Management LLC increased its holdings in CrowdStrike by 7.8% in the fourth quarter. Howland Capital Management LLC now owns 2,711 shares of the company’s stock valued at $928,000 after buying an additional 196 shares in the last quarter. Quotient Wealth Partners LLC lifted its position in shares of CrowdStrike by 8.4% during the 4th quarter. Quotient Wealth Partners LLC now owns 869 shares of the company’s stock valued at $297,000 after acquiring an additional 67 shares during the period. Finally, Northeast Investment Management purchased a new stake in shares of CrowdStrike during the 4th quarter worth approximately $619,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.3 %

NASDAQ:CRWD opened at $421.59 on Friday. The stock has a market cap of $103.84 billion, a price-to-earnings ratio of 826.66, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $431.33. 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 business’s 50-day simple moving average is $368.52 and its 200 day simple moving average is $315.96.

Insiders Place Their Bets

In other news, Director Gerhard Watzinger sold 30,000 shares of the business’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 sale, the director now owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated 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 transaction, the insider now directly owns 120,298 shares in the company, 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. Insiders have sold 111,565 shares of company stock worth $39,898,614 in the last three months. 4.34% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Stifel Nicolaus lifted their price objective on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Jefferies Financial Group upped their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Scotiabank raised their price objective on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 21st. Wedbush set a $330.00 target price on CrowdStrike in a research note on Thursday, October 17th. Finally, Royal Bank of Canada raised their price target on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $370.00.

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.