TigerOak Management L.L.C. Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

TigerOak Management L.L.C. bought a new position in shares of 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 767 shares of the company's stock, valued at approximately $262,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Synergy Financial Group LTD grew its holdings in shares of CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock worth $1,108,000 after purchasing an additional 30 shares in the last quarter. M3 Advisory Group LLC grew its stake in CrowdStrike by 2.8% in the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company's stock worth $407,000 after buying an additional 32 shares in the last quarter. Meridian Financial Partners LLC increased its holdings in shares of CrowdStrike by 0.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company's stock worth $1,914,000 after buying an additional 33 shares during the last quarter. First Affirmative Financial Network increased its holdings in shares of CrowdStrike by 4.2% in the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company's stock worth $278,000 after buying an additional 33 shares during the last quarter. Finally, Hilltop Holdings Inc. raised its position in shares of CrowdStrike by 1.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company's stock valued at $542,000 after buying an additional 34 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of research firms recently commented on CRWD. Bank of America increased their target price on CrowdStrike from $365.00 to $400.00 and gave the company a "buy" rating in a research note on Wednesday, November 27th. Hsbc Global Res lowered CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 27th. The Goldman Sachs Group boosted their target price on CrowdStrike from $372.00 to $415.00 and gave the stock a "buy" rating in a research report on Tuesday, December 24th. Mizuho increased their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the company an "outperform" rating in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada boosted their price objective on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $379.73.

CrowdStrike Stock Down 1.1 %

Shares of CrowdStrike stock traded down $5.22 during trading on Wednesday, hitting $450.14. The company's stock had a trading volume of 2,409,320 shares, compared to its average volume of 3,102,585. 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 quick ratio of 1.86 and a current ratio of 1.86. The company has a fifty day simple moving average of $380.83 and a two-hundred day simple moving average of $326.77. The company has a market capitalization of $110.87 billion, a PE ratio of 882.64, a P/E/G ratio of 18.50 and a beta of 1.16.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the company's stock in a transaction dated 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 transaction, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,565 shares of company stock valued at $51,038,529. Corporate insiders own 4.34% of the company's stock.

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.