Integras Partners LLC Buys New Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Integras Partners LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 624 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Jacobi Capital Management LLC increased its stake in shares of CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after purchasing an additional 25 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC boosted its holdings in shares of CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after buying an additional 29 shares during the period. Synergy Financial Group LTD boosted its holdings in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after buying an additional 30 shares during the period. Finally, M3 Advisory Group LLC boosted its holdings in shares of CrowdStrike by 2.8% during the 4th 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. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Robert W. Baird decreased their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a report on Wednesday, March 5th. Raymond James downgraded shares of CrowdStrike from an “outperform” rating to a “cautious” rating in a report on Monday. JPMorgan Chase & Co. upped their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Truist Financial upped their price objective on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. Two investment 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $398.78.

CrowdStrike Trading Down 4.1 %

CRWD opened at $332.53 on Friday. 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 market capitalization of $81.91 billion, a PE ratio of 652.03, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The firm has a 50-day moving average price of $385.81 and a two-hundred day moving average price of $340.21.

Insider Buying and Selling

In related news, CEO George Kurtz sold 18,071 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the completion of the sale, the chief executive officer now directly owns 2,159,935 shares of the company’s stock, valued at $776,928,619.50. The trade was a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred 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 sale, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $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. Insiders sold a total of 100,315 shares of company stock valued at $38,387,254 over the last ninety days. 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.