Gunderson Capital Management Inc. Invests $7.62 Million in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Gunderson Capital Management Inc. bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 22,280 shares of the company's stock, valued at approximately $7,623,000. CrowdStrike makes up about 3.7% of Gunderson Capital Management Inc.'s holdings, making the stock its 12th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC purchased a new stake in shares of CrowdStrike during the second quarter worth approximately $25,000. Fortitude Family Office LLC grew its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after buying an additional 44 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of CrowdStrike in the second quarter valued at about $33,000. Fairfield Financial Advisors LTD acquired a new stake in shares of CrowdStrike in the second quarter valued at about $38,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of CrowdStrike in the second quarter worth about $38,000. Institutional investors and hedge funds own 71.16% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Monday, November 25th. Morgan Stanley increased their price target on CrowdStrike from $325.00 to $355.00 and gave the company an "overweight" rating in a report on Monday, November 18th. BNP Paribas initiated coverage on CrowdStrike in a research note on Tuesday, October 8th. They set a "neutral" rating and a $285.00 price objective on the stock. HSBC downgraded CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 target price for the company. in a research note on Wednesday, November 27th. Finally, Royal Bank of Canada boosted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an "outperform" rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, CrowdStrike has an average rating of "Moderate Buy" and a consensus target price of $365.88.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded up $6.58 on Tuesday, reaching $348.04. 2,531,549 shares of the company were exchanged, compared to its average volume of 2,768,327. The company has a 50-day moving average of $353.02 and a 200-day moving average of $312.71. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $85.73 billion, a price-to-earnings ratio of 682.44, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 2,858 shares of the company's stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the sale, the chief accounting officer now owns 38,201 shares of the company's stock, valued at approximately $13,916,242.29. This represents a 6.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the firm's stock in a transaction 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 transaction, the director now directly owns 816,730 shares of the company's stock, valued at $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 106,351 shares of company stock valued at $37,515,473. Corporate insiders own 4.34% of the company's stock.

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.