Ameliora Wealth Management Ltd. Buys 50 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Ameliora Wealth Management Ltd. increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 750 shares of the company’s stock after acquiring an additional 50 shares during the quarter. Ameliora Wealth Management Ltd.’s holdings in CrowdStrike were worth $257,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CRWD. Berbice Capital Management LLC purchased a new stake in CrowdStrike during the 4th quarter valued at $27,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% during the fourth 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. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike in the 3rd quarter worth $28,000. Luken Investment Analytics LLC purchased a new position in CrowdStrike during the fourth quarter valued at $34,000. Finally, 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 valued at $29,000 after purchasing an additional 89 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the completion of the sale, the director now directly owns 805,592 shares of the company’s stock, valued at approximately $332,218,084.88. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 111,565 shares of company stock worth $39,898,614. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Up 0.8 %

CRWD opened at $420.51 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $103.58 billion, a price-to-earnings ratio of 824.55, a PEG ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $421.63. The stock has a fifty day moving average price of $365.55 and a 200-day moving average price of $314.12.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. BMO Capital Markets increased their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Robert W. Baird restated a “neutral” rating and issued a $430.00 price objective (up from $390.00) on shares of CrowdStrike in a research report on Monday. Rosenblatt Securities lifted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, November 25th. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a research note on Monday, November 4th. Finally, CICC Research began coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

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.