KLCM Advisors Inc. boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 37.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,720 shares of the company's stock after purchasing an additional 1,015 shares during the quarter. KLCM Advisors Inc.'s holdings in CrowdStrike were worth $1,273,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new position in CrowdStrike in the fourth quarter valued at approximately $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its holdings in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after acquiring an additional 44 shares during the period. Castleview Partners LLC acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $32,000. Finally, Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. 71.16% of the stock is owned by institutional investors and hedge funds.
CrowdStrike Trading Down 3.1 %
CRWD traded down $14.00 during midday trading on Thursday, hitting $436.14. The company's stock had a trading volume of 4,762,647 shares, compared to its average volume of 3,153,083. 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 $107.43 billion, a P/E ratio of 855.19, a PEG ratio of 18.65 and a beta of 1.16. The firm has a 50-day moving average price of $382.58 and a two-hundred day moving average price of $327.63. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.
Insider Buying and Selling at CrowdStrike
In other news, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the sale, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now owns 115,798 shares of the company's stock, valued at $42,629,875.72. The trade was a 3.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,565 shares of company stock worth $51,038,529 in the last 90 days. 4.34% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on CRWD. Morgan Stanley increased their price objective on CrowdStrike from $390.00 to $429.00 and gave the company an "overweight" rating in a report on Wednesday. Barclays increased their price objective on CrowdStrike from $295.00 to $372.00 and gave the company an "overweight" rating in a report on Monday, November 18th. Royal Bank of Canada increased their price objective on CrowdStrike from $365.00 to $420.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Citigroup increased their price objective on CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a report on Friday, January 17th. Finally, HSBC cut CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price target for the company. in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $379.73.
Read Our Latest Research Report on CrowdStrike
About CrowdStrike
(
Free Report)
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.
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