Oak Harvest Investment Services Takes $2.60 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Oak Harvest Investment Services acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,588 shares of the company's stock, valued at approximately $2,596,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike during the fourth quarter valued at $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter worth about $28,000. Fortitude Family Office LLC lifted its stake in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after buying an additional 44 shares during the period. Tsfg LLC raised its holdings in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company's stock valued at $29,000 after acquiring an additional 89 shares during the last quarter. Finally, Castleview Partners LLC purchased a new position in shares of CrowdStrike during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the transaction, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. This represents a 3.91 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the company's stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company's stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock valued at $38,935,113 in the last three months. 4.34% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on CRWD. HSBC downgraded CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price objective for the company. in a research report on Wednesday, November 27th. Evercore ISI upped their price objective on shares of CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a research note on Monday, November 25th. JMP Securities reissued a "market outperform" rating and issued a $400.00 target price on shares of CrowdStrike in a research report on Monday, November 4th. BNP Paribas began coverage on shares of CrowdStrike in a research report on Tuesday, October 8th. They set a "neutral" rating and a $285.00 price target for the company. Finally, Scotiabank lifted their price target on shares of CrowdStrike from $300.00 to $370.00 and gave the company a "sector perform" rating in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $369.00.

CrowdStrike Trading Down 0.1 %

Shares of NASDAQ:CRWD opened at $396.87 on Friday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $411.30. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market cap of $97.75 billion, a PE ratio of 778.19, a P/E/G ratio of 21.08 and a beta of 1.14. The company's 50-day moving average price is $361.31 and its 200 day moving average price is $312.25.

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.

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