CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Increased by Zullo Investment Group Inc.

Zullo Investment Group Inc. raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,304 shares of the company’s stock after purchasing an additional 37 shares during the quarter. Zullo Investment Group Inc.’s holdings in CrowdStrike were worth $1,473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $27,000. Oakworth Capital Inc. bought a new stake in CrowdStrike in the third quarter worth approximately $28,000. Fortitude Family Office LLC increased its stake in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Castleview Partners LLC bought a new position in shares of CrowdStrike during the 3rd quarter valued at $32,000. Finally, Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CrowdStrike stock opened at $450.14 on Thursday. The firm has a market capitalization of $110.87 billion, a P/E ratio of 882.64, a P/E/G ratio of 18.50 and a beta of 1.16. The stock has a fifty day moving average price of $382.58 and a two-hundred day moving average price of $327.63. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insider Transactions at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on CRWD shares. Cantor Fitzgerald increased their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Mizuho increased their price objective on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. Scotiabank boosted their target price on CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. increased their price target on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Finally, Needham & Company LLC boosted their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $379.73.

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.