Grandeur Peak Global Advisors LLC Has $1.19 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Grandeur Peak Global Advisors LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 65.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,465 shares of the company's stock after buying an additional 1,367 shares during the quarter. Grandeur Peak Global Advisors LLC's holdings in CrowdStrike were worth $1,186,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CRWD. Empirical Asset Management LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at $11,310,000. Arcadia Investment Management Corp MI increased its position in shares of CrowdStrike by 30.8% during the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock worth $4,090,000 after acquiring an additional 2,814 shares during the last quarter. Greenleaf Trust lifted its stake in shares of CrowdStrike by 53.4% in the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company's stock worth $1,015,000 after acquiring an additional 1,033 shares in the last quarter. Trifecta Capital Advisors LLC grew its stake in CrowdStrike by 2,140.3% during the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company's stock valued at $3,066,000 after purchasing an additional 8,561 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in shares of CrowdStrike by 42.6% in the 4th quarter. Fifth Third Bancorp now owns 44,609 shares of the company's stock valued at $15,263,000 after purchasing an additional 13,323 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

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Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares of the company's stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,801 shares of company stock worth $45,553,642 in the last 90 days. 4.34% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of research reports. DA Davidson lifted their price target on CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Stephens initiated coverage on CrowdStrike in a report on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 price target for the company. Piper Sandler set a $347.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. The Goldman Sachs Group restated a "buy" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Wedbush lifted their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $400.88.

CrowdStrike Stock Performance

CRWD traded up $0.76 during trading on Monday, hitting $378.66. The stock had a trading volume of 3,042,891 shares, compared to its average volume of 5,002,377. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a 50 day simple moving average of $380.13 and a 200-day simple moving average of $355.34. The firm has a market cap of $93.86 billion, a PE ratio of 742.49, a P/E/G ratio of 17.86 and a beta of 1.28.

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.