Bank of Jackson Hole Trust Invests $46,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Bank of Jackson Hole Trust purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, HoldingsChannel reports. The fund purchased 133 shares of the company’s stock, valued at approximately $46,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empirical Asset Management LLC bought a new position in shares of CrowdStrike during the fourth quarter worth $11,310,000. Beacon Financial Advisory LLC acquired a new stake in shares of CrowdStrike during the third quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after acquiring an additional 78,305 shares during the period. DekaBank Deutsche Girozentrale raised its holdings in shares of CrowdStrike by 0.7% during 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 period. Finally, Hemenway Trust Co LLC raised its holdings 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 acquiring an additional 5,352 shares during the period. 71.16% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CRWD shares. Piper Sandler raised their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Oppenheimer raised their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. 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 report on Tuesday, January 21st. KeyCorp raised their price objective on shares of CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Bank of America lifted their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the company 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 assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $379.73.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $436.14 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $107.43 billion, a P/E ratio of 855.19, a P/E/G ratio of 18.65 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The firm has a 50-day moving average price of $383.99 and a two-hundred day moving average price of $328.39.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike 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 $14,791,491.63. The trade was a 41.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,565 shares of company stock valued at $51,038,529 in the last quarter. Company insiders own 4.34% of the company’s stock.

CrowdStrike 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.