Impact Capital Partners LLC Makes New $720,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Impact Capital Partners LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,104 shares of the company’s stock, valued at approximately $720,000.

Other institutional investors have also recently bought and sold shares of the company. Jacobi Capital Management LLC grew its stake in shares of CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after acquiring an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in shares of CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after acquiring an additional 27 shares in the last quarter. Wintrust Investments LLC grew its stake in shares of CrowdStrike by 4.2% in the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after acquiring an additional 29 shares in the last quarter. Synergy Financial Group LTD grew its stake in shares of CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after acquiring an additional 30 shares in the last quarter. Finally, M3 Advisory Group LLC grew its stake in shares of CrowdStrike by 2.8% in the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. CICC Research started coverage on shares of CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price target for the company. Wedbush increased their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Bank of America increased their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Jefferies Financial Group lowered their target price on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, KeyCorp lowered their target price on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $398.78.

Insider Buying and Selling at CrowdStrike

In related news, CEO George Kurtz sold 18,071 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $359.70, for a total value of $6,500,138.70. Following the sale, the chief executive officer now owns 2,159,935 shares in the company, valued at $776,928,619.50. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 100,315 shares of company stock worth $38,387,254 over the last quarter. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CRWD opened at $346.76 on Thursday. The business’s 50-day moving average is $386.10 and its two-hundred day moving average is $340.26. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $85.41 billion, a PE ratio of 679.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

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.