ORG Partners LLC Acquires 2,224 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

ORG Partners LLC increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 811.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,498 shares of the company's stock after purchasing an additional 2,224 shares during the period. ORG Partners LLC's holdings in CrowdStrike were worth $855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Abich Financial Wealth Management LLC acquired a new stake in shares of CrowdStrike in the second quarter valued at approximately $25,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike in the third quarter worth approximately $28,000. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% in the 4th 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. Tsfg LLC grew its holdings in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after acquiring an additional 89 shares during the period. Finally, Castleview Partners LLC acquired a new stake in CrowdStrike in the 3rd quarter valued at about $32,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Down 2.8 %

Shares of NASDAQ:CRWD traded down $9.88 during midday trading on Friday, hitting $348.84. The stock had a trading volume of 2,827,733 shares, compared to its average volume of 2,717,296. The company has a market cap of $85.92 billion, a P/E ratio of 684.01, a PEG ratio of 19.48 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The business's 50-day simple moving average is $352.17 and its 200-day simple moving average is $313.50. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analysts Set New Price Targets

CRWD has been the topic of several research reports. Piper Sandler upped their price target on CrowdStrike from $290.00 to $375.00 and gave the company an "overweight" rating in a report on Wednesday, November 27th. JMP Securities reiterated a "market outperform" rating and set a $400.00 price target on shares of CrowdStrike in a report on Monday, November 4th. Jefferies Financial Group increased their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. Wedbush set a $330.00 target price on CrowdStrike in a research note on Thursday, October 17th. Finally, BMO Capital Markets increased their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $365.88.

Insider Transactions at CrowdStrike

In other news, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00. Following the completion of the transaction, the insider now owns 124,298 shares in the company, valued at $38,455,315.24. The trade was a 3.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 110,351 shares of company stock worth $38,752,993. Company 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.