Synergy Financial Group LTD Buys 161 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Synergy Financial Group LTD boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,111 shares of the company’s stock after purchasing an additional 161 shares during the quarter. CrowdStrike comprises 1.2% of Synergy Financial Group LTD’s holdings, making the stock its 20th largest holding. Synergy Financial Group LTD’s holdings in CrowdStrike were worth $1,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CRWD. Jennison Associates LLC boosted its holdings in shares of CrowdStrike by 25.0% in the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after buying an additional 1,013,161 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock valued at $212,021,000 after acquiring an additional 712,900 shares during the last quarter. State Street Corp boosted its stake in CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after acquiring an additional 275,717 shares in the last quarter. Whale Rock Capital Management LLC acquired a new position in shares of CrowdStrike during the third quarter worth $69,280,000. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of CrowdStrike by 41.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 737,184 shares of the company’s stock valued at $252,235,000 after purchasing an additional 215,986 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 10,801 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the completion of the sale, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CRWD. Needham & Company LLC boosted their target price on CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. UBS Group lowered CrowdStrike from a “buy” rating to a “cautious” rating in a research note on Wednesday, February 5th. Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Jefferies Financial Group boosted their target price on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Finally, JPMorgan Chase & Co. raised their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $383.08.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $391.72 on Tuesday. 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 of $384.83 and a two-hundred day moving average of $332.12. The firm has a market cap of $96.48 billion, a P/E ratio of 768.09, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59.

About CrowdStrike

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.