Optimize Financial Inc Makes New $2.30 Million Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Optimize Financial Inc bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,717 shares of the company's stock, valued at approximately $2,298,000. CrowdStrike accounts for approximately 1.7% of Optimize Financial Inc's investment portfolio, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Grandeur Peak Global Advisors LLC lifted its stake in CrowdStrike by 65.2% in the fourth quarter. Grandeur Peak Global Advisors LLC now owns 3,465 shares of the company's stock worth $1,186,000 after purchasing an additional 1,367 shares during the last quarter. Fortis Capital Advisors LLC lifted its position in CrowdStrike by 3.1% in the fourth quarter. Fortis Capital Advisors LLC now owns 3,655 shares of the company's stock valued at $1,251,000 after purchasing an additional 110 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of CrowdStrike by 11.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 376,050 shares of the company's stock valued at $128,669,000 after buying an additional 37,498 shares during the last quarter. Petros Family Wealth LLC acquired a new position in CrowdStrike during the 4th quarter worth approximately $775,000. Finally, Sterling Capital Management LLC lifted its holdings in CrowdStrike by 7.1% in the fourth quarter. Sterling Capital Management LLC now owns 19,299 shares of the company's stock worth $6,603,000 after purchasing an additional 1,287 shares during the period. Institutional investors own 71.16% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have weighed in on the company. Canaccord Genuity Group increased their target price on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. DA Davidson increased their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a research report on Wednesday, March 5th. BMO Capital Markets boosted their price objective on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Wells Fargo & Company raised their target price on CrowdStrike from $400.00 to $430.00 and gave the company an "overweight" rating in a research report on Wednesday, March 5th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus price target of $400.88.

CrowdStrike Trading Up 0.2 %

NASDAQ CRWD traded up $0.76 during mid-day trading on Monday, hitting $378.66. The company's stock had a trading volume of 3,042,891 shares, compared to its average volume of 5,002,377. The firm has a market capitalization of $93.86 billion, a P/E ratio of 742.49, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock's fifty day simple moving average is $380.13 and its two-hundred day simple moving average is $355.34.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 22,449 shares of the company's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the transaction, the chief executive officer now owns 2,178,452 shares of the company's stock, valued at $781,367,163.36. This represents a 1.02 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,801 shares of company stock valued at $45,553,642 over the last quarter. Insiders own 4.34% of the company's stock.

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.