Roxbury Financial LLC Makes New $882,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Roxbury Financial LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,548 shares of the company's stock, valued at approximately $882,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CRWD. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike during the 4th quarter worth $27,000. Oakworth Capital Inc. purchased a new position in shares of CrowdStrike in the 3rd quarter worth $28,000. Fortitude Family Office LLC raised its position 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 during the period. Castleview Partners LLC purchased a new position in shares of CrowdStrike in the 3rd quarter worth $32,000. Finally, Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike in the 4th quarter worth $34,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of CRWD traded up $3.44 during mid-day trading on Tuesday, reaching $455.18. 2,747,845 shares of the company's stock traded hands, compared to its average volume of 3,124,793. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.44. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market capitalization of $112.12 billion, a P/E ratio of 892.53, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. The business's 50-day moving average price is $378.67 and its 200-day moving average price is $325.10.

Remove Ads

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Citigroup increased their target price on CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Jefferies Financial Group increased their target price on CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. Susquehanna increased their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a "positive" rating in a research report on Wednesday, November 27th. BMO Capital Markets increased their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. Finally, Evercore ISI increased their price target on CrowdStrike from $325.00 to $400.00 and gave the company an "outperform" rating in a report on Monday, November 25th. One 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $376.00.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 10,801 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares in the company, valued at $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the transaction, the director now owns 780,592 shares in the company, valued at $334,194,852.96. This represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 132,565 shares of company stock worth $49,235,849 over the last quarter. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Company 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.