CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 20,056 shares of the company’s stock after purchasing an additional 2,702 shares during the period. O Shaughnessy Asset Management LLC’s holdings in CrowdStrike were worth $6,862,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CRWD. Physician Wealth Advisors Inc. acquired a new position in CrowdStrike during the 4th quarter worth $68,000. IPG Investment Advisors LLC grew its position in shares of CrowdStrike by 349.3% during the fourth quarter. IPG Investment Advisors LLC now owns 5,423 shares of the company’s stock worth $1,856,000 after buying an additional 4,216 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of CrowdStrike by 2,586.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 418,094 shares of the company’s stock worth $143,055,000 after buying an additional 402,531 shares during the period. Allianz SE purchased a new position in CrowdStrike in the fourth quarter worth approximately $2,587,000. Finally, WealthTrak Capital Management LLC acquired a new position in CrowdStrike during the 4th quarter worth approximately $39,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of analyst reports. Piper Sandler set a $347.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. JPMorgan Chase & Co. lifted their price target on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Wedbush boosted their target price on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $400.88.

CrowdStrike Stock Performance

CRWD opened at $362.38 on Wednesday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The stock has a market cap of $89.82 billion, a P/E ratio of 710.56, a P/E/G ratio of 17.86 and a beta of 1.19. The stock’s 50 day simple moving average is $387.98 and its 200 day simple moving average is $350.89. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 17,120 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the sale, the director now owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This represents a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 2,547 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $365.96, for a total transaction of $932,100.12. Following the transaction, the insider now directly owns 82,071 shares of the company’s stock, valued at approximately $30,034,703.16. This trade represents a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 110,801 shares of company stock worth $42,092,255. 4.34% of the stock is owned by corporate insiders.

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.