Vision Capital Management Inc. Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Vision Capital Management Inc. bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 700 shares of the company’s stock, valued at approximately $240,000.

Several other hedge funds have also recently bought and sold shares of the business. Berbice Capital Management LLC bought a new stake in CrowdStrike during the fourth quarter valued at about $27,000. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike in the third quarter valued at about $28,000. Fortitude Family Office LLC lifted its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. Tsfg LLC lifted its stake in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares during the period. Finally, Castleview Partners LLC bought a new stake in shares of CrowdStrike in the third quarter valued at about $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In related news, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now owns 389,589 shares in the company, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction dated 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 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 105,315 shares of company stock worth $37,321,176 in the last ninety days. Insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several research reports. Scotiabank increased their target price on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. Baird R W cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday. Oppenheimer raised their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Barclays raised their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Finally, Wedbush set a $330.00 price objective on shares of CrowdStrike in a report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $370.00.

CrowdStrike Stock Up 2.4 %

Shares of CRWD stock opened at $417.22 on Thursday. The firm has a market capitalization of $102.77 billion, a P/E ratio of 818.09, a PEG ratio of 21.13 and a beta of 1.16. The firm’s fifty day moving average price is $364.15 and its two-hundred day moving average price is $313.40. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $419.39. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.