Arthur M. Cohen & Associates LLC Has $6.31 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Arthur M. Cohen & Associates LLC lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 10.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,438 shares of the company's stock after buying an additional 1,811 shares during the period. CrowdStrike makes up about 1.1% of Arthur M. Cohen & Associates LLC's holdings, making the stock its 17th biggest holding. Arthur M. Cohen & Associates LLC's holdings in CrowdStrike were worth $6,309,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Empirical Asset Management LLC acquired a new position in shares of CrowdStrike during the fourth quarter worth $11,310,000. Beacon Financial Advisory LLC purchased a new position in CrowdStrike in the 3rd quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company's stock valued at $237,331,000 after acquiring an additional 78,305 shares in the last quarter. Doliver Advisors LP increased its position in shares of CrowdStrike by 223.2% during the third quarter. Doliver Advisors LP now owns 6,754 shares of the company's stock worth $1,894,000 after acquiring an additional 4,664 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its stake in shares of CrowdStrike by 0.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company's stock worth $124,644,000 after acquiring an additional 2,863 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CRWD has been the topic of several analyst reports. Citigroup lifted their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Friday. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research report on Monday, November 25th. Stifel Nicolaus upped their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Robert W. Baird raised their price objective on shares of CrowdStrike from $375.00 to $390.00 and gave the stock an "outperform" rating in a report on Wednesday, November 27th. Finally, 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 note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $366.38.

CrowdStrike Trading Down 1.8 %

CRWD traded down $6.38 during trading on Friday, reaching $357.00. The company had a trading volume of 5,025,151 shares, compared to its average volume of 2,670,549. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The company has a market cap of $87.93 billion, a price-to-earnings ratio of 700.01, a PEG ratio of 18.55 and a beta of 1.14. The firm's 50-day simple moving average is $355.86 and its 200 day simple moving average is $312.92.

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the company's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the transaction, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. This represents a 3.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company's stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock valued at $38,935,113 over the last ninety days. Corporate insiders own 4.34% of the company's stock.

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.