L.M. Kohn & Company Acquires 689 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

L.M. Kohn & Company boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 38.1% during the fourth quarter, Holdings Channel reports. The fund owned 2,498 shares of the company’s stock after purchasing an additional 689 shares during the period. L.M. Kohn & Company’s holdings in CrowdStrike were worth $855,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike in the fourth quarter valued at about $27,000. Fortitude Family Office LLC increased its stake in shares of CrowdStrike by 112.8% during 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 period. Oakworth Capital Inc. bought a new position in shares of CrowdStrike during the third quarter worth approximately $28,000. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike during the fourth quarter worth approximately $34,000. Finally, Castleview Partners LLC bought a new position in shares of CrowdStrike during the third quarter worth approximately $32,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CRWD. Cantor Fitzgerald boosted their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Stifel Nicolaus raised their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Oppenheimer increased their price target on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Rosenblatt Securities upped their target price on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Finally, BMO Capital Markets increased their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $376.00.

CrowdStrike Stock Down 0.4 %

Shares of CrowdStrike stock opened at $451.74 on Friday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $454.13. 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 stock’s 50-day moving average is $376.70 and its 200 day moving average is $322.24. The firm has a market cap of $111.27 billion, a price-to-earnings ratio of 885.78, a PEG ratio of 17.22 and a beta of 1.16.

Insiders Place Their Bets

In related news, Director Sameer K. Gandhi sold 17,120 shares of CrowdStrike stock in a transaction on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the sale, the director now directly owns 780,592 shares in the company, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 132,565 shares of company stock worth $49,235,849. Corporate insiders own 4.34% of the company’s stock.

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.