Barrett & Company Inc. Has $599,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Barrett & Company Inc. lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 16.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,750 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Barrett & Company Inc.’s holdings in CrowdStrike were worth $599,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $27,000. Oakworth Capital Inc. acquired a new position in CrowdStrike during the 3rd quarter worth $28,000. Fortitude Family Office LLC lifted its holdings in 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 buying an additional 44 shares in the last quarter. Tsfg LLC lifted its holdings in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares in the last quarter. Finally, Castleview Partners LLC acquired a new position in CrowdStrike during the 3rd quarter worth $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Stock Up 0.8 %

Shares of CRWD opened at $420.51 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $421.63. The firm’s 50 day moving average is $367.00 and its 200-day moving average is $314.86. The stock has a market capitalization of $103.58 billion, a PE ratio of 824.55, a P/E/G ratio of 21.13 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Citigroup upped their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, January 17th. BMO Capital Markets upped their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group upped their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. Oppenheimer upped their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Wells Fargo & Company upped their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $370.00.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the sale, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the sale, the director now owns 42,391 shares in the company, valued at $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 111,565 shares of company stock valued at $39,898,614. 4.34% of the stock is currently owned by company insiders.

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.