Clarius Group LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 909 shares of the company's stock, valued at approximately $311,000.
Other institutional investors have also modified their holdings of the company. Oak Ridge Investments LLC acquired a new position in CrowdStrike in the fourth quarter valued at approximately $5,028,000. Aaron Wealth Advisors LLC boosted its holdings in shares of CrowdStrike by 15.4% in the 4th quarter. Aaron Wealth Advisors LLC now owns 1,013 shares of the company's stock valued at $347,000 after buying an additional 135 shares in the last quarter. Whitaker Myers Wealth Managers LTD. boosted its holdings in shares of CrowdStrike by 17.6% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 1,234 shares of the company's stock valued at $422,000 after buying an additional 185 shares in the last quarter. BNC Wealth Management LLC grew its position in shares of CrowdStrike by 7.7% in the 4th quarter. BNC Wealth Management LLC now owns 9,681 shares of the company's stock valued at $3,312,000 after buying an additional 693 shares during the last quarter. Finally, Kera Capital Partners Inc. acquired a new stake in CrowdStrike during the 4th quarter worth $287,000. 71.16% of the stock is owned by hedge funds and other institutional investors.
CrowdStrike Stock Down 1.8 %
CRWD opened at $357.00 on Monday. The business's fifty day simple moving average is $355.86 and its 200 day simple moving average is $312.41. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33. The firm has a market cap of $87.93 billion, a P/E ratio of 700.01, a PEG ratio of 18.55 and a beta of 1.14. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.
Insiders Place Their Bets
In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction 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 transaction, the chief accounting officer now owns 41,059 shares of the company's stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the sale, the insider now owns 120,298 shares in the company, valued at $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 110,351 shares of company stock valued at $38,935,113 in the last ninety days. Insiders own 4.34% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on CRWD shares. Jefferies Financial Group raised their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. HSBC downgraded CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price target on the stock. in a research note on Wednesday, November 27th. Citigroup lifted their price target on CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a research report on Friday. Royal Bank of Canada increased 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, Robert W. Baird lifted their target price on shares of CrowdStrike from $375.00 to $390.00 and gave the company an "outperform" rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $366.38.
Read Our Latest Analysis on CRWD
About CrowdStrike
(
Free Report)
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.
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