952 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by MIG Capital LLC

MIG Capital LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 952 shares of the company’s stock, valued at approximately $326,000.

Several other institutional investors have also recently made changes to their positions in the stock. Berbice Capital Management LLC purchased a new stake in CrowdStrike during the 4th quarter worth about $27,000. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Fortitude Family Office LLC grew its stake in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Crowley Wealth Management Inc. bought a new stake in CrowdStrike during the 4th quarter worth approximately $34,000. Finally, Luken Investment Analytics LLC bought a new position in CrowdStrike in the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $321.63 on Friday. The company has a 50-day simple moving average of $386.18 and a two-hundred day simple moving average of $351.96. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $79.72 billion, a PE ratio of 630.66, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the transaction, the insider now owns 89,714 shares in the company, valued at approximately $31,669,042. This represents a 4.78 % 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, CAO Anurag Saha sold 1,496 shares of the business’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 114,551 shares of company stock valued at $43,527,642. Corporate insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CRWD. Robert W. Baird lowered their price objective on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 5th. Morgan Stanley set a $429.00 price target on CrowdStrike in a research report on Tuesday, March 18th. Jefferies Financial Group decreased their price objective on shares of CrowdStrike from $425.00 to $410.00 and set a “buy” rating on the stock in a research report on Monday, March 31st. Evercore ISI lifted their target price on shares of CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Finally, Stifel Nicolaus decreased their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $400.88.

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.