Mather Group LLC. Has $225,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mather Group LLC. raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 32.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 657 shares of the company’s stock after acquiring an additional 161 shares during the quarter. Mather Group LLC.’s holdings in CrowdStrike were worth $225,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Empirical Asset Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth about $11,310,000. Beacon Financial Advisory LLC bought a new stake in CrowdStrike in the third quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after acquiring an additional 78,305 shares during the period. DekaBank Deutsche Girozentrale increased its position in shares of CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after buying an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC boosted its holdings in shares of CrowdStrike by 356.8% in the third quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after buying an additional 5,352 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the sale, the insider now directly owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 111,565 shares of company stock worth $39,898,614. 4.34% of the stock is currently owned by insiders.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $420.51 on Friday. The firm has a market capitalization of $103.58 billion, a price-to-earnings ratio of 824.55, a P/E/G ratio of 21.13 and a beta of 1.16. 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 fifty day moving average of $365.55 and a 200 day moving average of $314.12. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $421.63.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a research note on Wednesday, November 27th. 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 note on Thursday, December 19th. Barclays boosted their price target on CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Stifel Nicolaus raised their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price 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.