6,799 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Callan Family Office LLC

Callan Family Office LLC bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 6,799 shares of the company’s stock, valued at approximately $2,326,000.

A number of other large investors also recently added to or reduced their stakes in the business. E Fund Management Co. Ltd. increased its position in shares of CrowdStrike by 38.9% in the fourth quarter. E Fund Management Co. Ltd. now owns 7,598 shares of the company’s stock valued at $2,600,000 after acquiring an additional 2,126 shares during the period. Lindbrook Capital LLC increased its position in shares of CrowdStrike by 15.7% in the fourth quarter. Lindbrook Capital LLC now owns 1,100 shares of the company’s stock valued at $376,000 after acquiring an additional 149 shares during the period. Black Swift Group LLC increased its position in shares of CrowdStrike by 25.7% in the fourth quarter. Black Swift Group LLC now owns 20,289 shares of the company’s stock valued at $6,942,000 after acquiring an additional 4,149 shares during the period. Raymond James Financial Inc. purchased a new position in shares of CrowdStrike in the fourth quarter valued at about $237,375,000. Finally, Arizona State Retirement System increased its position in shares of CrowdStrike by 1.3% in the fourth quarter. Arizona State Retirement System now owns 67,012 shares of the company’s stock valued at $22,929,000 after acquiring an additional 863 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock worth $38,387,254 over the last quarter. Company insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on CRWD. Wells Fargo & Company boosted their price objective on shares of CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research report on Wednesday, November 27th. Stifel Nicolaus reduced their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research report on Wednesday. Rosenblatt Securities reiterated a “buy” rating and set a $450.00 price target on shares of CrowdStrike in a research report on Wednesday. Finally, The Goldman Sachs Group boosted their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $400.10.

CrowdStrike Stock Down 4.1 %

Shares of CrowdStrike stock opened at $333.50 on Friday. The company has a market cap of $82.14 billion, a price-to-earnings ratio of 653.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The company’s 50 day moving average is $387.07 and its 200 day moving average is $338.55. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

About CrowdStrike

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.