L.M. Kohn & Company raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 38.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,498 shares of the company's stock after buying an additional 689 shares during the quarter. L.M. Kohn & Company's holdings in CrowdStrike were worth $855,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Blue Zone Wealth Advisors LLC boosted its stake in shares of CrowdStrike by 1.3% in the fourth quarter. Blue Zone Wealth Advisors LLC now owns 18,233 shares of the company's stock valued at $6,239,000 after buying an additional 227 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in CrowdStrike in the fourth quarter valued at $8,445,000. Allworth Financial LP grew its stake in shares of CrowdStrike by 33.1% during the 4th quarter. Allworth Financial LP now owns 4,910 shares of the company's stock worth $1,856,000 after purchasing an additional 1,222 shares during the period. Quantum Private Wealth LLC increased its holdings in shares of CrowdStrike by 4.9% in the 4th quarter. Quantum Private Wealth LLC now owns 8,659 shares of the company's stock valued at $2,963,000 after purchasing an additional 405 shares in the last quarter. Finally, Centerpoint Advisory Group acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $709,000. Institutional investors and hedge funds own 71.16% of the company's stock.
CrowdStrike Stock Down 1.1 %
NASDAQ CRWD traded down $5.22 during trading hours on Wednesday, hitting $450.14. The company had a trading volume of 2,409,320 shares, compared to its average volume of 3,102,585. The firm's 50 day moving average is $382.58 and its 200 day moving average is $327.63. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The company has a market capitalization of $110.87 billion, a price-to-earnings ratio of 882.64, a P/E/G ratio of 18.50 and a beta of 1.16.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on CRWD shares. Mizuho upped their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. JMP Securities reaffirmed a "market outperform" rating and issued a $400.00 price objective on shares of CrowdStrike in a research note on Monday, November 4th. Citigroup lifted their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Friday, January 17th. Rosenblatt Securities upped their target price on CrowdStrike from $325.00 to $385.00 and gave the company a "buy" rating in a report on Monday, November 25th. Finally, Barclays lifted their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $379.73.
Read Our Latest Analysis on CrowdStrike
Insider Activity
In other news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the completion of the transaction, the director now directly owns 809,266 shares in the company, valued at approximately $282,708,984.44. This represents a 0.77 % decrease in their ownership of the stock. 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 4,000 shares of CrowdStrike stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,565 shares of company stock worth $51,038,529. 4.34% of the stock is currently owned by corporate insiders.
CrowdStrike Profile
(
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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