CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Silicon Valley Capital Partners

Silicon Valley Capital Partners grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 37.9% in the fourth quarter, Holdings Channel reports. The fund owned 1,092 shares of the company’s stock after purchasing an additional 300 shares during the period. Silicon Valley Capital Partners’ holdings in CrowdStrike were worth $374,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. MBA Advisors LLC purchased a new position in shares of CrowdStrike during the 4th quarter worth $413,000. Comprehensive Financial Planning Inc. PA purchased a new position in CrowdStrike during the 4th quarter valued at about $1,202,000. Savant Capital LLC boosted its holdings in CrowdStrike by 9.6% during the 4th quarter. Savant Capital LLC now owns 2,821 shares of the company’s stock valued at $965,000 after acquiring an additional 247 shares during the period. MFA Wealth Advisors LLC boosted its holdings in CrowdStrike by 4.7% during the 4th quarter. MFA Wealth Advisors LLC now owns 13,569 shares of the company’s stock valued at $4,643,000 after acquiring an additional 612 shares during the period. Finally, OMC Financial Services LTD boosted its holdings in CrowdStrike by 2.5% during the 4th quarter. OMC Financial Services LTD now owns 11,054 shares of the company’s stock valued at $3,782,000 after acquiring an additional 266 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

CrowdStrike stock opened at $421.59 on Monday. The firm has a market capitalization of $103.84 billion, a P/E ratio of 826.66, a PEG ratio of 17.22 and a beta of 1.16. The stock has a fifty day moving average price of $368.52 and a 200 day moving average price of $316.29. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $431.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the completion of the sale, the director now owns 805,592 shares of the company’s stock, valued at $332,218,084.88. This represents a 0.77 % 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 dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 111,565 shares of company stock worth $39,898,614. 4.34% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Truist Financial raised their target price on CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Rosenblatt Securities raised their target price on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. JMP Securities restated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. Robert W. Baird reiterated a “neutral” rating and issued a $430.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. Finally, Scotiabank lifted their price objective on CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $370.00.

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.