CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Howard Financial Services LTD.

Howard Financial Services LTD. raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 23.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,065 shares of the company’s stock after acquiring an additional 398 shares during the quarter. Howard Financial Services LTD.’s holdings in CrowdStrike were worth $707,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of CRWD. Lake Street Private Wealth LLC lifted its holdings in CrowdStrike by 2.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 15,450 shares of the company’s stock valued at $5,286,000 after purchasing an additional 413 shares in the last quarter. Arthur M. Cohen & Associates LLC raised its holdings in shares of CrowdStrike by 10.9% during the fourth quarter. Arthur M. Cohen & Associates LLC now owns 18,438 shares of the company’s stock valued at $6,309,000 after acquiring an additional 1,811 shares during the last quarter. Brooklyn Investment Group lifted its position in shares of CrowdStrike by 3.6% in the fourth quarter. Brooklyn Investment Group now owns 1,604 shares of the company’s stock valued at $549,000 after acquiring an additional 55 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of CrowdStrike by 192.4% in the fourth quarter. Merit Financial Group LLC now owns 3,371 shares of the company’s stock worth $1,153,000 after acquiring an additional 2,218 shares during the last quarter. Finally, Brand Asset Management Group Inc. purchased a new stake in shares of CrowdStrike during the fourth quarter worth approximately $211,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the transaction, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 110,351 shares of company stock valued at $38,935,113. Corporate insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Wedbush set a $330.00 price objective on shares of CrowdStrike in a report on Thursday, October 17th. Stifel Nicolaus lifted their price target on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. BMO Capital Markets raised their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Oppenheimer boosted their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Rosenblatt Securities raised their price target on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average target price of $366.38.

CrowdStrike Trading Down 1.8 %

Shares of CrowdStrike stock opened at $357.00 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. 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 business has a 50 day moving average price of $355.86 and a 200 day moving average price of $312.92. The company has a market capitalization of $87.93 billion, a P/E ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14.

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.