CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Summit Trail Advisors LLC

Summit Trail Advisors LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,455 shares of the company's stock after purchasing an additional 985 shares during the period. CrowdStrike comprises about 0.9% of Summit Trail Advisors LLC's portfolio, making the stock its 16th biggest holding. Summit Trail Advisors LLC's holdings in CrowdStrike were worth $24,791,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Synergy Financial Group LTD boosted its stake in shares of 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 in the last quarter. M3 Advisory Group LLC boosted its position in CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company's stock worth $407,000 after purchasing an additional 32 shares in the last quarter. Meridian Financial Partners LLC grew its holdings in 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 period. First Affirmative Financial Network increased its position 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 buying an additional 33 shares in the last quarter. Finally, Sunpointe LLC raised its stake in shares of CrowdStrike by 3.1% during the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company's stock worth $317,000 after buying an additional 34 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CRWD shares. Citigroup lifted their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a research note on Friday, January 17th. Piper Sandler boosted their target price on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 27th. JMP Securities reaffirmed a "market outperform" rating and issued a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. Royal Bank of Canada boosted their price objective on CrowdStrike from $365.00 to $420.00 and gave the stock an "outperform" rating in a research note on Friday, January 3rd. Finally, Wells Fargo & Company raised their target price on CrowdStrike from $350.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $372.13.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares of the company's stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Michael Sentonas sold 10,801 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the sale, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 111,565 shares of company stock valued at $39,898,614. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Trading Up 0.6 %

NASDAQ CRWD traded up $2.72 during trading on Tuesday, hitting $431.64. The stock had a trading volume of 2,321,899 shares, compared to its average volume of 3,169,684. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $106.32 billion, a PE ratio of 846.37, a PEG ratio of 17.22 and a beta of 1.16. The firm has a 50 day moving average price of $370.16 and a 200 day moving average price of $317.93. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $434.78.

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.