Brighton Jones LLC Acquires 2,417 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Brighton Jones LLC boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 44.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,803 shares of the company’s stock after purchasing an additional 2,417 shares during the period. Brighton Jones LLC’s holdings in CrowdStrike were worth $2,670,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Oakworth Capital Inc. bought a new stake in CrowdStrike in the third quarter worth $28,000. Fortitude Family Office LLC lifted its stake in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Tsfg LLC lifted its stake in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the last quarter. Castleview Partners LLC bought a new stake in CrowdStrike in the third quarter worth $32,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in CrowdStrike in the second quarter worth $38,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Down 0.7 %

NASDAQ:CRWD opened at $374.92 on Friday. The company’s 50 day moving average price is $357.88 and its 200-day moving average price is $312.43. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market cap of $92.35 billion, a price-to-earnings ratio of 735.15, a PEG ratio of 20.07 and a beta of 1.14.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now owns 120,298 shares in the company, valued at $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the transaction, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock worth $38,935,113 over the last 90 days. 4.34% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have recently commented on CRWD. KeyCorp upped their price objective on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. JPMorgan Chase & Co. upped their price objective on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Piper Sandler upped their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Bank of America upped their price objective on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, Evercore ISI upped their price objective on shares of CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, November 25th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $369.00.

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.