Impact Capital Partners LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,104 shares of the company’s stock, valued at approximately $720,000.
A number of other large investors also recently bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its holdings in CrowdStrike by 1.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 191,006 shares of the company’s stock valued at $65,355,000 after acquiring an additional 2,789 shares during the period. Balboa Wealth Partners increased its position in shares of CrowdStrike by 15.4% during the fourth quarter. Balboa Wealth Partners now owns 5,495 shares of the company’s stock worth $1,880,000 after purchasing an additional 733 shares in the last quarter. HBK Sorce Advisory LLC increased its position in shares of CrowdStrike by 66.3% during the fourth quarter. HBK Sorce Advisory LLC now owns 1,962 shares of the company’s stock worth $671,000 after purchasing an additional 782 shares in the last quarter. Wintrust Investments LLC increased its position in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after purchasing an additional 29 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ increased its position in shares of CrowdStrike by 1.6% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 51,779 shares of the company’s stock worth $18,081,000 after purchasing an additional 802 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on CRWD. Oppenheimer boosted 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. Royal Bank of Canada restated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Piper Sandler set a $347.00 price target on CrowdStrike in a research note on Wednesday, March 5th. Truist Financial raised their price target on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Finally, HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research note on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $398.78.
CrowdStrike Trading Up 5.2 %
Shares of NASDAQ:CRWD opened at $346.76 on Thursday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a market cap of $85.41 billion, a P/E ratio of 679.93, a P/E/G ratio of 17.86 and a beta of 1.19. The stock’s 50-day moving average is $386.10 and its 200-day moving average is $340.26. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.
Insider Buying and Selling
In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. The trade was 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, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock valued at $38,387,254 over the last three months. 4.34% of the stock is owned by corporate insiders.
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.
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