CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,367 shares of the company’s stock after purchasing an additional 41 shares during the period. Commonwealth Financial Services LLC’s holdings in CrowdStrike were worth $468,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CRWD. Berbice Capital Management LLC acquired a new stake in CrowdStrike in the 4th quarter worth about $27,000. Fortitude Family Office LLC lifted its holdings 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 acquiring an additional 44 shares during the period. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike in the third quarter worth approximately $28,000. Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Tsfg LLC grew its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 5,036 shares of the 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 sale, the director now directly owns 816,730 shares in the company, valued at approximately $261,745,630.40. This represents a 0.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 110,351 shares of company stock worth $38,935,113 over the last ninety days. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on CRWD. Morgan Stanley lifted their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Oppenheimer increased their target price on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group boosted their price target on CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. Barclays raised their price objective on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Finally, BMO Capital Markets boosted their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $370.00.

CrowdStrike Trading Down 0.1 %

NASDAQ:CRWD opened at $397.57 on Tuesday. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $411.30. 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 cap of $97.93 billion, a PE ratio of 779.56, a P/E/G ratio of 21.13 and a beta of 1.16. The business’s 50 day moving average is $362.61 and its two-hundred day moving average is $312.29.

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.