Nemes Rush Group LLC Has $11.45 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Nemes Rush Group LLC boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 399.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,474 shares of the company's stock after buying an additional 26,777 shares during the quarter. CrowdStrike comprises 1.4% of Nemes Rush Group LLC's portfolio, making the stock its 23rd biggest holding. Nemes Rush Group LLC's holdings in CrowdStrike were worth $11,453,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the fourth quarter worth $27,000. Fortitude Family Office LLC raised its holdings in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares during the period. FPC Investment Advisory Inc. boosted its holdings in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $34,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Trading Up 2.5 %

NASDAQ:CRWD traded up $9.11 during mid-day trading on Wednesday, hitting $371.49. The company had a trading volume of 2,443,358 shares, compared to its average volume of 4,888,469. The firm 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 business's fifty day moving average is $387.98 and its two-hundred day moving average is $350.89. 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 fifty-two week low of $200.81 and a fifty-two week high of $455.59.

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Wall Street Analyst Weigh In

Several brokerages recently weighed in on CRWD. BTIG Research upgraded CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price for the company in a research note on Tuesday, March 25th. Needham & Company LLC restated a "buy" rating and issued a $420.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Cantor Fitzgerald reiterated an "overweight" rating and set a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Stephens began coverage on shares of CrowdStrike in a report on Tuesday. They set an "overweight" rating and a $450.00 price objective on the stock. Finally, Mizuho increased their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the company an "outperform" rating in a research note on Wednesday, February 12th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus target price of $400.88.

Insiders Place Their Bets

In related news, CAO Anurag Saha sold 1,496 shares of the company's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This represents a 3.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 2,547 shares of CrowdStrike stock in a transaction dated 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 directly owns 82,071 shares in the company, valued at $30,034,703.16. This represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,801 shares of company stock worth $42,092,255. Company insiders own 4.34% of the company's stock.

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.