Biltmore Family Office LLC Purchases 50 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Biltmore Family Office LLC increased its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,359 shares of the company’s stock after acquiring an additional 50 shares during the period. Biltmore Family Office LLC’s holdings in CrowdStrike were worth $465,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OneAscent Financial Services LLC bought a new stake in shares of CrowdStrike during the fourth quarter worth approximately $211,000. Creekmur Asset Management LLC raised its position in shares of CrowdStrike by 48.7% during the 4th quarter. Creekmur Asset Management LLC now owns 2,716 shares of the company’s stock valued at $929,000 after acquiring an additional 890 shares during the last quarter. Huntington National Bank raised its position in shares of CrowdStrike by 14.6% during the 4th quarter. Huntington National Bank now owns 95,443 shares of the company’s stock valued at $32,657,000 after acquiring an additional 12,148 shares during the last quarter. Private Portfolio Partners LLC lifted its stake in shares of CrowdStrike by 30.0% in the 4th quarter. Private Portfolio Partners LLC now owns 1,075 shares of the company’s stock valued at $368,000 after purchasing an additional 248 shares during the period. Finally, RFG Bristol Wealth Advisors LLC bought a new position in shares of CrowdStrike in the 4th quarter worth $766,000. 71.16% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CRWD has been the topic of several analyst reports. Wells Fargo & Company increased their target price on CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research note on Wednesday, March 5th. Truist Financial cut their price target on shares of CrowdStrike from $460.00 to $450.00 and set a “buy” rating on the stock in a research report on Monday. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $400.88.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 13,543 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the sale, the president now directly owns 405,308 shares of the company’s stock, valued at approximately $145,351,554.96. This trade represents a 3.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 114,551 shares of company stock worth $43,527,642. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $371.49 on Thursday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The stock’s 50 day moving average price is $387.85 and its two-hundred day moving average price is $351.03. The firm has a market capitalization of $92.08 billion, a price-to-earnings ratio of 728.43, a P/E/G ratio of 17.86 and a beta of 1.19.

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.