2,004 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by OFI Invest Asset Management

OFI Invest Asset Management purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, HoldingsChannel reports. The fund purchased 2,004 shares of the company’s stock, valued at approximately $662,000.

A number of other hedge funds have also bought and sold shares of the business. Amundi increased its holdings in CrowdStrike by 41.9% in the 4th quarter. Amundi now owns 1,382,952 shares of the company’s stock valued at $496,093,000 after buying an additional 408,190 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock valued at $675,000 after buying an additional 27 shares during the period. Naviter Wealth LLC increased its holdings in CrowdStrike by 145.0% in the 4th quarter. Naviter Wealth LLC now owns 2,707 shares of the company’s stock valued at $926,000 after buying an additional 1,602 shares during the period. Lifeworks Advisors LLC increased its holdings in CrowdStrike by 14.4% in the 4th quarter. Lifeworks Advisors LLC now owns 961 shares of the company’s stock valued at $329,000 after buying an additional 121 shares during the period. Finally, Larson Financial Group LLC increased its holdings in CrowdStrike by 6.9% in the 4th quarter. Larson Financial Group LLC now owns 1,360 shares of the company’s stock valued at $465,000 after buying an additional 88 shares during the period. 71.16% of the stock is owned by institutional investors.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on 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 sale, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the sale, the insider now owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 100,315 shares of company stock worth $38,387,254. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 4.1 %

CrowdStrike stock opened at $333.50 on Monday. The company has a market capitalization of $82.14 billion, a PE ratio of 653.93, a PEG ratio of 17.86 and a beta of 1.19. The firm’s fifty day moving average is $387.07 and its 200 day moving average is $339.51. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CRWD shares. Evercore ISI raised their target price on shares of CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Raymond James reissued an “outperform” rating and issued a $390.00 target price (up from $360.00) on shares of CrowdStrike in a report on Wednesday, March 5th. KeyCorp decreased their target price on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. BMO Capital Markets lifted their price target on shares of CrowdStrike from $380.00 to $405.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Finally, Mizuho lifted their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $400.10.

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.