Black Swift Group LLC Has $6.94 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Black Swift Group LLC raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 25.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 20,289 shares of the company’s stock after buying an additional 4,149 shares during the period. CrowdStrike makes up 1.5% of Black Swift Group LLC’s investment portfolio, making the stock its 13th biggest position. Black Swift Group LLC’s holdings in CrowdStrike were worth $6,942,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC boosted its position in CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after buying an additional 25 shares during the period. Synergy Financial Group LTD lifted its holdings in shares of CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares during the period. M3 Advisory Group LLC lifted its holdings in CrowdStrike by 2.8% during the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after buying an additional 32 shares during the period. Advisor OS LLC lifted its holdings in CrowdStrike by 2.5% during the 4th quarter. Advisor OS LLC now owns 1,312 shares of the company’s stock worth $449,000 after buying an additional 32 shares during the period. Finally, Meridian Financial Partners LLC lifted its stake in shares of CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after acquiring an additional 33 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity

In related news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the transaction, the insider now owns 115,798 shares of the company’s stock, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 100,315 shares of company stock worth $38,387,254. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 6.3 %

CrowdStrike stock opened at $365.44 on Thursday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The firm has a market capitalization of $90.01 billion, a price-to-earnings ratio of 716.56, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a 50 day simple moving average of $387.84 and a 200 day simple moving average of $338.02.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent analyst reports. Evercore ISI lifted their price objective on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday. Piper Sandler boosted their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a report on Wednesday. Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Morgan Stanley boosted their price target on CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a research note on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $400.10.

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.