CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Rockingstone Advisors LLC

Rockingstone Advisors LLC grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 86.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,451 shares of the company's stock after buying an additional 4,833 shares during the period. CrowdStrike makes up 1.6% of Rockingstone Advisors LLC's portfolio, making the stock its 20th largest holding. Rockingstone Advisors LLC's holdings in CrowdStrike were worth $3,576,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its stake in CrowdStrike by 18.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,532 shares of the company's stock worth $1,737,000 after buying an additional 691 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of CrowdStrike by 54.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 286,183 shares of the company's stock worth $109,670,000 after purchasing an additional 101,079 shares during the period. Citizens Financial Group Inc. RI boosted its stake in shares of CrowdStrike by 94.1% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 1,613 shares of the company's stock worth $618,000 after purchasing an additional 782 shares during the period. WealthPLAN Partners LLC purchased a new stake in CrowdStrike in the 2nd quarter worth about $250,000. Finally, Moors & Cabot Inc. raised its position in CrowdStrike by 102.7% in the 2nd quarter. Moors & Cabot Inc. now owns 3,039 shares of the company's stock worth $1,165,000 after purchasing an additional 1,540 shares during the period. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Up 0.4 %

Shares of NASDAQ CRWD traded up $1.36 during mid-day trading on Thursday, hitting $363.38. The company had a trading volume of 2,436,455 shares, compared to its average volume of 2,749,913. The company has a market capitalization of $89.50 billion, a PE ratio of 712.52, a price-to-earnings-growth ratio of 18.55 and a beta of 1.14. The business's 50-day simple moving average is $354.67 and its 200 day simple moving average is $312.81. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of analyst reports. Piper Sandler upped their target price on CrowdStrike from $290.00 to $375.00 and gave the company an "overweight" rating in a research note on Wednesday, November 27th. Robert W. Baird upped their price objective on CrowdStrike from $375.00 to $390.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Evercore ISI lifted their target price on CrowdStrike from $325.00 to $400.00 and gave the stock an "outperform" rating in a research report on Monday, November 25th. KeyCorp raised their price target on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Finally, HSBC cut shares of CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price objective for the company. in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $365.88.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company's stock, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. 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 quarter. Corporate 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.