Shelton Capital Management Has $13.19 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Shelton Capital Management boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,550 shares of the company's stock after buying an additional 1,347 shares during the quarter. Shelton Capital Management's holdings in CrowdStrike were worth $13,190,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $27,000. Fortitude Family Office LLC increased its position in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. lifted its stake in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC purchased a new position in CrowdStrike in the 4th quarter worth approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in CrowdStrike during the 4th quarter valued at $34,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

NASDAQ:CRWD traded up $9.29 during trading hours on Friday, reaching $377.90. 3,378,070 shares of the company's stock were exchanged, compared to its average volume of 4,998,906. 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 capitalization of $93.67 billion, a P/E ratio of 740.99, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. The business's 50-day simple moving average is $380.13 and its two-hundred day simple moving average is $354.82. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59.

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Analysts Set New Price Targets

A number of equities research analysts have weighed in on CRWD shares. Citigroup restated a "buy" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Susquehanna lifted their price target on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research note on Wednesday, March 5th. Stifel Nicolaus reduced their price objective on shares of CrowdStrike from $475.00 to $435.00 and set a "buy" rating on the stock in a research note on Wednesday, March 5th. Robert W. Baird dropped their target price on shares of CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a research report on Wednesday, March 5th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $450.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $400.88.

Insider Activity

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the transaction, the director now directly owns 805,592 shares of the company's stock, valued at approximately $332,218,084.88. The trade was a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares of the company's stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,801 shares of company stock valued at $45,553,642 over the last three months. 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.