Investment Partners LTD. Invests $524,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Investment Partners LTD. purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 1,636 shares of the company’s stock, valued at approximately $524,000.

Other large investors have also added to or reduced their stakes in the company. CVA Family Office LLC bought a new stake in CrowdStrike during the fourth quarter worth about $26,000. Hexagon Capital Partners LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated bought a new position in CrowdStrike in the third quarter valued at approximately $27,000. Bear Mountain Capital Inc. acquired a new position in CrowdStrike during the fourth quarter valued at approximately $27,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of CrowdStrike in the 4th quarter valued at $31,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CRWD traded up $1.77 during trading hours on Friday, hitting $389.06. The stock had a trading volume of 810,693 shares, compared to its average volume of 4,131,839. The stock has a market cap of $94.68 billion, a PE ratio of 737.47, a price-to-earnings-growth ratio of 19.04 and a beta of 1.08. CrowdStrike Holdings, Inc. has a 1 year low of $139.37 and a 1 year high of $394.64. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. The company’s fifty day simple moving average is $337.67 and its 200 day simple moving average is $312.01.

Analysts Set New Price Targets

Several analysts recently weighed in on CRWD shares. Morgan Stanley raised their price objective on CrowdStrike from $372.00 to $422.00 and gave the company an “overweight” rating in a research note on Tuesday, May 28th. FBN Securities upgraded shares of CrowdStrike to a “strong-buy” rating in a research report on Wednesday, June 5th. DA Davidson lowered their price target on shares of CrowdStrike from $425.00 to $380.00 and set a “buy” rating for the company in a report on Wednesday, June 5th. UBS Group raised their price objective on CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Finally, Canaccord Genuity Group raised their price objective on shares of CrowdStrike from $400.00 to $405.00 and gave the company a “buy” rating in a report on Wednesday, June 5th. One research analyst has rated the stock with a hold rating, thirty-seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Buy” and an average target price of $380.62.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $382.93, for a total transaction of $1,723,185.00. Following the sale, the insider now directly owns 200,672 shares in the company, valued at approximately $76,843,328.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, June 17th. The stock was sold at an average price of $382.93, for a total value of $1,723,185.00. Following the completion of the transaction, the insider now directly owns 200,672 shares in the company, valued at $76,843,328.96. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,662 shares of the stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the sale, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The disclosure for this sale can be found here. Insiders sold 273,675 shares of company stock worth $92,085,172 over the last quarter. Corporate 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.