CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 16.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,750 shares of the company's stock after acquiring an additional 4,988 shares during the quarter. Gateway Investment Advisers LLC's holdings in CrowdStrike were worth $12,232,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CRWD. Mirador Capital Partners LP boosted its holdings in CrowdStrike by 8.2% during the 4th quarter. Mirador Capital Partners LP now owns 3,641 shares of the company's stock valued at $1,246,000 after acquiring an additional 275 shares during the period. Hennion & Walsh Asset Management Inc. lifted its position in shares of CrowdStrike by 13.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 10,267 shares of the company's stock worth $3,513,000 after purchasing an additional 1,182 shares during the last quarter. Mason & Associates Inc boosted its stake in shares of CrowdStrike by 30.5% during the fourth quarter. Mason & Associates Inc now owns 4,887 shares of the company's stock valued at $1,672,000 after purchasing an additional 1,142 shares during the period. RMR Wealth Builders grew its holdings in shares of CrowdStrike by 4.1% in the fourth quarter. RMR Wealth Builders now owns 7,775 shares of the company's stock worth $2,660,000 after purchasing an additional 308 shares during the last quarter. Finally, Essex Savings Bank bought a new position in shares of CrowdStrike in the fourth quarter worth about $225,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

NASDAQ CRWD traded down $6.38 during trading hours on Friday, reaching $357.00. The stock had a trading volume of 5,025,151 shares, compared to its average volume of 2,957,510. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The stock has a fifty day moving average of $355.33 and a 200 day moving average of $313.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $87.93 billion, a P/E ratio of 700.01, a price-to-earnings-growth ratio of 18.55 and a beta of 1.14.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the transaction, the director now directly owns 816,730 shares of the company's stock, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the sale, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. 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 ninety days. Insiders own 4.34% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CRWD shares. Susquehanna boosted their price objective on shares of CrowdStrike from $310.00 to $400.00 and gave the company a "positive" rating in a research report on Wednesday, November 27th. Royal Bank of Canada boosted their price target on CrowdStrike from $365.00 to $420.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Jefferies Financial Group raised their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Rosenblatt Securities lifted their target price on CrowdStrike from $325.00 to $385.00 and gave the company a "buy" rating in a research report on Monday, November 25th. Finally, Barclays increased their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an "overweight" rating in a research report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and a consensus target price of $366.38.

About CrowdStrike

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.