Stephens Inc. AR Increases Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Stephens Inc. AR lifted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,533 shares of the company’s stock after purchasing an additional 2,824 shares during the period. Stephens Inc. AR’s holdings in CrowdStrike were worth $9,079,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new position in CrowdStrike during the fourth quarter worth $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the third quarter valued at $28,000. Fortitude Family Office LLC increased its position in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. Tsfg LLC raised its stake in CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the last quarter. Finally, Castleview Partners LLC purchased a new position in CrowdStrike in the 3rd quarter valued at about $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group boosted their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. BMO Capital Markets boosted their price target on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Wedbush set a $330.00 price objective on CrowdStrike in a report on Thursday, October 17th. KeyCorp upped their target price on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Finally, Susquehanna raised their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. One investment 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $370.00.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 111,565 shares of company stock worth $39,898,614 over the last 90 days. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

CRWD stock opened at $421.59 on Monday. The stock’s 50 day simple moving average is $368.52 and its 200 day simple moving average is $316.29. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $431.33. The firm has a market cap of $103.84 billion, a P/E ratio of 826.66, a P/E/G ratio of 17.22 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.