CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Brooklyn Investment Group

Brooklyn Investment Group boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,604 shares of the company’s stock after purchasing an additional 55 shares during the period. Brooklyn Investment Group’s holdings in CrowdStrike were worth $549,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of CRWD. Jennison Associates LLC lifted its holdings in CrowdStrike by 25.0% in the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after acquiring an additional 1,013,161 shares during the period. International Assets Investment Management LLC grew its position in shares of CrowdStrike by 17,926.3% during the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock valued at $259,668,000 after acquiring an additional 920,695 shares during the period. Daiwa Securities Group Inc. raised its holdings in CrowdStrike by 1,655.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after purchasing an additional 712,900 shares during the period. Assenagon Asset Management S.A. grew its holdings in CrowdStrike by 248.6% in the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after purchasing an additional 371,695 shares during the period. Finally, State Street Corp lifted its position in shares of CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after buying an additional 275,717 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is currently owned by insiders.

CrowdStrike Stock Down 1.8 %

CRWD stock opened at $357.00 on Friday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The stock has a market capitalization of $87.93 billion, a P/E ratio of 700.01, a PEG ratio of 18.55 and a beta of 1.14. The company has a 50 day moving average price of $355.33 and a two-hundred day moving average price of $313.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Needham & Company LLC boosted their price objective on CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 target price on shares of CrowdStrike in a report on Monday, September 30th. KeyCorp raised their price target on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Jefferies Financial Group increased their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Finally, Susquehanna boosted their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $366.38.

About CrowdStrike

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.