Fulton Breakefield Broenniman LLC Acquires Shares of 640 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fulton Breakefield Broenniman LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 640 shares of the company's stock, valued at approximately $219,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jennison Associates LLC raised its stake in shares of CrowdStrike by 25.0% during the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company's stock valued at $1,421,646,000 after purchasing an additional 1,013,161 shares during the period. International Assets Investment Management LLC raised its position in shares of CrowdStrike by 17,926.3% in the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company's stock worth $259,668,000 after buying an additional 920,695 shares in the last quarter. Daiwa Securities Group Inc. grew its position in CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company's stock worth $212,021,000 after buying an additional 712,900 shares in the last quarter. Assenagon Asset Management S.A. grew its position in CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company's stock worth $146,180,000 after buying an additional 371,695 shares in the last quarter. Finally, State Street Corp increased its stake in CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company's stock worth $2,701,144,000 after acquiring an additional 275,717 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares in the company, valued at $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company's stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % 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 worth $38,935,113 in the last quarter. Company insiders own 4.34% of the company's stock.

CrowdStrike Stock Performance

CRWD stock traded up $1.20 during trading on Friday, reaching $398.07. The stock had a trading volume of 3,120,462 shares, compared to its average volume of 2,982,205. The stock's 50 day moving average is $362.61 and its two-hundred day moving average is $312.98. The firm has a market cap of $98.05 billion, a PE ratio of 780.54, a PEG ratio of 21.08 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $411.30. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Ratings Changes

CRWD has been the topic of several research analyst reports. CICC Research initiated coverage on shares of CrowdStrike in a research report on Monday, November 18th. They issued a "market perform" rating and a $295.00 price objective on the stock. Barclays raised their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the company an "overweight" rating in a research report on Monday, November 18th. Wedbush set a $330.00 target price on shares of CrowdStrike in a research report on Thursday, October 17th. Morgan Stanley raised their price target on CrowdStrike from $325.00 to $355.00 and gave the company an "overweight" rating in a research report on Monday, November 18th. Finally, Truist Financial raised their price objective on CrowdStrike from $375.00 to $385.00 and gave the company a "buy" rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $369.00.

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.