Brooklyn FI LLC Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Brooklyn FI LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,822 shares of the company's stock, valued at approximately $3,927,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. OneDigital Investment Advisors LLC raised its position in CrowdStrike by 26.6% in the third quarter. OneDigital Investment Advisors LLC now owns 4,188 shares of the company's stock valued at $1,175,000 after purchasing an additional 881 shares during the period. Natixis Advisors LLC raised its stake in shares of CrowdStrike by 12.4% in the third quarter. Natixis Advisors LLC now owns 39,798 shares of the company's stock valued at $11,162,000 after acquiring an additional 4,382 shares in the last quarter. Claro Advisors LLC raised its stake in shares of CrowdStrike by 35.7% in the third quarter. Claro Advisors LLC now owns 1,613 shares of the company's stock valued at $452,000 after acquiring an additional 424 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of CrowdStrike by 120.6% in the third quarter. Thrivent Financial for Lutherans now owns 89,282 shares of the company's stock valued at $25,041,000 after acquiring an additional 48,808 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of CrowdStrike by 23.6% in the third quarter. Cassaday & Co Wealth Management LLC now owns 1,094 shares of the company's stock valued at $307,000 after acquiring an additional 209 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

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Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,315 shares of company stock worth $38,319,124. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Price Performance

CRWD stock traded down $6.79 during trading on Friday, hitting $362.24. 8,116,345 shares of the stock traded hands, compared to its average volume of 4,762,152. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $89.79 billion, a price-to-earnings ratio of 710.29, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company has a 50 day simple moving average of $386.53 and a 200 day simple moving average of $344.11.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CRWD. Needham & Company LLC reiterated a "buy" rating and issued a $420.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Morgan Stanley began coverage on CrowdStrike in a research note on Tuesday. They issued an "overweight" rating on the stock. DA Davidson increased their price objective on CrowdStrike from $395.00 to $415.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $440.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Wedbush raised 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. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $399.51.

CrowdStrike 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.