Xponance Inc. Buys 1,941 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Xponance Inc. increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,608 shares of the company's stock after purchasing an additional 1,941 shares during the quarter. Xponance Inc.'s holdings in CrowdStrike were worth $18,685,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC boosted its position in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after buying an additional 44 shares during the period. FPC Investment Advisory Inc. grew its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike in the fourth quarter valued at about $34,000. Finally, Legacy Bridge LLC raised its stake in shares of CrowdStrike by 976.9% during the third quarter. Legacy Bridge LLC now owns 140 shares of the company's stock valued at $39,000 after acquiring an additional 127 shares during the last quarter. 71.16% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Cantor Fitzgerald reissued an "overweight" rating and issued a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Westpark Capital reissued a "hold" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Susquehanna raised their price target on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research note on Wednesday, March 5th. Citigroup reiterated a "buy" rating on shares of CrowdStrike in a report on Wednesday, February 5th. Finally, DA Davidson upped their price objective on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $399.51.

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Insiders Place Their Bets

In related news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the sale, the insider now owns 89,714 shares of the company's stock, valued at $31,669,042. The trade was a 4.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 17,120 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the completion of the transaction, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,315 shares of company stock valued at $38,319,124. Company insiders own 4.34% of the company's stock.

CrowdStrike Stock Performance

Shares of CRWD stock traded down $6.79 during trading hours on Friday, reaching $362.24. The company had a trading volume of 8,116,345 shares, compared to its average volume of 4,758,207. The firm has a market cap of $89.79 billion, a PE ratio of 710.29, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The business has a fifty day moving average price of $386.27 and a 200-day moving average price of $343.52. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year 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.

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.