Carnegie Investment Counsel Purchases 10,375 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Carnegie Investment Counsel raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 111.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,695 shares of the company's stock after acquiring an additional 10,375 shares during the quarter. Carnegie Investment Counsel's holdings in CrowdStrike were worth $6,739,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Synergy Financial Group LTD boosted its holdings in shares of CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock valued at $1,108,000 after purchasing an additional 30 shares during the period. Meridian Financial Partners LLC raised its stake in CrowdStrike by 0.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company's stock worth $1,914,000 after acquiring an additional 33 shares during the last quarter. Sunpointe LLC increased its holdings in shares of CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company's stock valued at $317,000 after purchasing an additional 34 shares during the period. Hilltop Holdings Inc. increased its holdings in shares of CrowdStrike by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company's stock valued at $542,000 after purchasing an additional 34 shares during the period. Finally, Interchange Capital Partners LLC grew its holdings in CrowdStrike by 1.1% during the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company's stock worth $1,036,000 after acquiring an additional 39 shares during the period. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

CRWD stock traded down $6.38 during trading on Friday, reaching $357.00. 5,025,151 shares of the company were exchanged, compared to its average volume of 2,670,549. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33. The company has a 50-day moving average of $355.86 and a two-hundred day moving average of $312.92. The company has a market capitalization of $87.93 billion, a price-to-earnings ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Truist Financial raised their target price on CrowdStrike from $375.00 to $385.00 and gave the stock a "buy" rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. raised their price objective on CrowdStrike from $372.00 to $418.00 and gave the company an "overweight" rating in a report on Monday, December 16th. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a report on Monday, November 25th. Royal Bank of Canada raised their price objective on CrowdStrike from $365.00 to $420.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Finally, Bank of America raised their target price on CrowdStrike from $365.00 to $400.00 and gave the company a "buy" rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $366.38.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares in the company, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares of the company's stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by corporate insiders.

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.