CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Position Increased by BluePointe Capital Management LLC

BluePointe Capital Management LLC lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,301 shares of the company’s stock after buying an additional 37 shares during the period. BluePointe Capital Management LLC’s holdings in CrowdStrike were worth $787,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Berkshire Capital Holdings Inc. raised its stake in shares of CrowdStrike by 237,200.0% in the 4th quarter. Berkshire Capital Holdings Inc. now owns 23,730 shares of the company’s stock valued at $8,119,000 after acquiring an additional 23,720 shares in the last quarter. iA Global Asset Management Inc. lifted its position in shares of CrowdStrike by 6.3% in the 4th quarter. iA Global Asset Management Inc. now owns 25,205 shares of the company’s stock worth $8,624,000 after acquiring an additional 1,483 shares during the period. Teacher Retirement System of Texas boosted its stake in CrowdStrike by 787.9% during the fourth quarter. Teacher Retirement System of Texas now owns 13,727 shares of the company’s stock worth $4,697,000 after buying an additional 12,181 shares in the last quarter. First National Bank of Hutchinson boosted its position in shares of CrowdStrike by 68.3% during the 4th quarter. First National Bank of Hutchinson now owns 3,085 shares of the company’s stock valued at $1,056,000 after acquiring an additional 1,252 shares in the last quarter. Finally, Royal London Asset Management Ltd. grew its stake in shares of CrowdStrike by 21.7% in the 4th quarter. Royal London Asset Management Ltd. now owns 111,105 shares of the company’s stock valued at $38,016,000 after purchasing an additional 19,821 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 3.3 %

CRWD stock opened at $375.05 on Thursday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The firm’s 50 day moving average price is $386.06 and its 200-day moving average price is $343.34. The firm has a market cap of $92.96 billion, a PE ratio of 735.41, a PEG ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CRWD shares. Canaccord Genuity Group raised their price target on CrowdStrike from $370.00 to $420.00 and gave the company a “buy” rating in a report on Monday, March 3rd. DA Davidson raised their price target on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, March 5th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a report on Wednesday, March 5th. JPMorgan Chase & Co. increased their price target on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Finally, Citigroup restated a “buy” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus target price of $399.51.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $6,500,138.70. Following the completion of the sale, the chief executive officer now owns 2,159,935 shares of the company’s stock, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 100,315 shares of company stock worth $38,319,124. 4.34% of the stock is currently owned by company insiders.

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.