CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stake Boosted by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 35.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,196 shares of the company's stock after purchasing an additional 2,663 shares during the quarter. Pittenger & Anderson Inc.'s holdings in CrowdStrike were worth $3,489,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Synergy Financial Group LTD boosted its stake in CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock worth $1,108,000 after acquiring an additional 30 shares during the last quarter. M3 Advisory Group LLC lifted its stake in CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company's stock valued at $407,000 after buying an additional 32 shares in the last quarter. Meridian Financial Partners LLC raised its holdings in shares of CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company's stock valued at $1,914,000 after purchasing an additional 33 shares during the last quarter. First Affirmative Financial Network raised its holdings in shares of CrowdStrike by 4.2% in the fourth quarter. First Affirmative Financial Network now owns 811 shares of the company's stock valued at $278,000 after purchasing an additional 33 shares during the last quarter. Finally, Hilltop Holdings Inc. raised 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 last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Remove Ads

Insider Activity

In related news, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the sale, the insider now owns 115,798 shares of the company's stock, valued at $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the transaction, the director now directly owns 42,391 shares in the company, valued at $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 136,565 shares of company stock valued at $51,038,529. Insiders own 4.34% of the company's stock.

CrowdStrike Stock Down 3.1 %

NASDAQ:CRWD traded down $14.00 during mid-day trading on Thursday, reaching $436.14. The stock had a trading volume of 4,762,647 shares, compared to its average volume of 3,153,083. The company has a market capitalization of $107.43 billion, a price-to-earnings ratio of 855.19, a price-to-earnings-growth ratio of 18.65 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The stock's 50 day simple moving average is $382.58 and its two-hundred day simple moving average is $327.63. 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 Ratings Changes

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. Piper Sandler boosted their target price on shares of CrowdStrike from $290.00 to $375.00 and gave the company an "overweight" rating in a research report on Wednesday, November 27th. The Goldman Sachs Group boosted their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the company a "buy" rating in a research report on Tuesday, December 24th. Mizuho upped their price objective on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Finally, Jefferies Financial Group upped their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $379.73.

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.