Mosaic Financial Group LLC Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mosaic Financial Group LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 866 shares of the company's stock, valued at approximately $296,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in CrowdStrike by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock valued at $7,502,204,000 after purchasing an additional 342,294 shares during the last quarter. State Street Corp raised 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 during the period. Jennison Associates LLC lifted its holdings in CrowdStrike by 6.9% in the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after acquiring an additional 352,180 shares during the last quarter. Geode Capital Management LLC grew its position in CrowdStrike by 2.0% in the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company's stock worth $1,367,505,000 after acquiring an additional 97,990 shares during the period. Finally, Norges Bank acquired a new stake in CrowdStrike during the fourth quarter worth $1,111,542,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares of the company's stock, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 2,547 shares of CrowdStrike stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $365.96, for a total value of $932,100.12. Following the completion of the sale, the insider now owns 82,071 shares in the company, valued at approximately $30,034,703.16. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 110,801 shares of company stock worth $42,092,255. Company insiders own 4.34% of the company's stock.

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CrowdStrike Stock Performance

NASDAQ:CRWD traded up $9.11 during midday trading on Wednesday, reaching $371.49. The stock had a trading volume of 2,443,358 shares, compared to its average volume of 4,888,469. 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 stock has a market cap of $92.08 billion, a P/E ratio of 728.43, a P/E/G ratio of 17.86 and a beta of 1.19. The firm has a fifty day simple moving average of $387.98 and a two-hundred day simple moving average of $350.89. 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 recently commented on the company. Wedbush upped their price target on CrowdStrike from $390.00 to $395.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. Morgan Stanley set a $429.00 target price on shares of CrowdStrike in a research note on Tuesday, March 18th. Stifel Nicolaus dropped their price target on shares of CrowdStrike from $475.00 to $435.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. Baird R W lowered shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd. Finally, Citigroup reaffirmed a "buy" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $400.88.

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.