Fusion Capital LLC Buys 55 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fusion Capital LLC raised its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 822 shares of the company’s stock after buying an additional 55 shares during the period. Fusion Capital LLC’s holdings in CrowdStrike were worth $281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in CRWD. Synergy Financial Group LTD lifted its position in shares of CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares during the period. M3 Advisory Group LLC lifted its holdings in CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after buying an additional 32 shares during the period. Advisor OS LLC boosted its position in CrowdStrike by 2.5% during the 4th quarter. Advisor OS LLC now owns 1,312 shares of the company’s stock valued at $449,000 after acquiring an additional 32 shares in the last quarter. Meridian Financial Partners LLC increased its holdings in shares of CrowdStrike by 0.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after acquiring an additional 33 shares during the period. Finally, First Affirmative Financial Network raised its position in shares of CrowdStrike by 4.2% in the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock worth $278,000 after acquiring an additional 33 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $349.34, for a total value of $2,183,375.00. Following the completion of the sale, the director now owns 809,266 shares of the company’s stock, valued at approximately $282,708,984.44. This trade represents a 0.77 % 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, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 106,565 shares of company stock valued at $40,570,629 over the last 90 days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $380.24 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm has a market capitalization of $93.66 billion, a PE ratio of 745.58, a P/E/G ratio of 17.86 and a beta of 1.16. The business’s 50 day moving average price is $386.39 and its 200-day moving average price is $333.85.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of recent research reports. Jefferies Financial Group raised their price objective on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Morgan Stanley boosted their price objective on shares of CrowdStrike from $390.00 to $429.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 19th. Barclays lifted their price target on shares of CrowdStrike from $372.00 to $506.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. The Goldman Sachs Group upped their price target on CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, December 24th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $388.70.

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.