Halbert Hargrove Global Advisors LLC Buys New Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Halbert Hargrove Global Advisors LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 122 shares of the company’s stock, valued at approximately $42,000.

Several other institutional investors and hedge funds also recently bought and sold shares of CRWD. Mutual Advisors LLC lifted its position in CrowdStrike by 8.8% during the third quarter. Mutual Advisors LLC now owns 4,444 shares of the company’s stock valued at $1,353,000 after purchasing an additional 359 shares in the last quarter. JFS Wealth Advisors LLC lifted its position in shares of CrowdStrike by 9.1% in the third quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock valued at $134,000 after acquiring an additional 40 shares in the last quarter. US Bancorp DE lifted its position in shares of CrowdStrike by 5.1% in the third quarter. US Bancorp DE now owns 71,716 shares of the company’s stock valued at $20,114,000 after acquiring an additional 3,509 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of CrowdStrike by 3.4% in the third quarter. Focus Financial Network Inc. now owns 2,442 shares of the company’s stock valued at $685,000 after acquiring an additional 81 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of CrowdStrike by 50.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,657 shares of the company’s stock valued at $465,000 after acquiring an additional 552 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 2.5 %

Shares of NASDAQ CRWD opened at $389.66 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a market capitalization of $95.98 billion, a price-to-earnings ratio of 764.05, a PEG ratio of 17.86 and a beta of 1.16. The stock has a 50 day moving average price of $386.94 and a 200 day moving average price of $335.50. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CRWD. KeyCorp boosted their price objective on CrowdStrike from $395.00 to $480.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. UBS Group boosted their price objective on CrowdStrike from $396.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday. Jefferies Financial Group boosted 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. BMO Capital Markets boosted their price objective on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Westpark Capital reiterated 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 assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $389.50.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the sale, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 106,565 shares of company stock worth $40,570,629. Company 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.