981 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Delta Financial Group Inc.

Delta Financial Group Inc. purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 981 shares of the company’s stock, valued at approximately $336,000.

Other institutional investors also recently bought and sold shares of the company. Synergy Financial Group LTD lifted its holdings in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after acquiring an additional 30 shares during the period. M3 Advisory Group LLC increased its holdings 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 valued at $407,000 after purchasing an additional 32 shares in the last quarter. Meridian Financial Partners LLC lifted its stake in shares of CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after purchasing an additional 33 shares during the period. First Affirmative Financial Network boosted its holdings in CrowdStrike by 4.2% during the fourth quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock worth $278,000 after buying an additional 33 shares in the last quarter. Finally, Hilltop Holdings Inc. grew its position in CrowdStrike by 1.8% during the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after buying an additional 34 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

CRWD stock opened at $406.61 on Monday. The company has a market cap of $100.15 billion, a PE ratio of 797.30, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average price of $384.76 and a two-hundred day moving average price of $331.06. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

Insider Activity

In other news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction 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 transaction, the president now owns 389,589 shares in the company, valued at $139,655,968.83. The trade was a 2.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,565 shares of company stock valued at $51,038,529 in the last three months. Corporate insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRWD. JMP Securities reiterated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Monday, November 4th. Morgan Stanley lifted their price objective on CrowdStrike from $390.00 to $429.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. Mizuho boosted their target price on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Jefferies Financial Group raised their price target on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Finally, Truist Financial lifted their price target on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $383.08.

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.