OMC Financial Services LTD Raises Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

OMC Financial Services LTD raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,054 shares of the company’s stock after buying an additional 266 shares during the quarter. CrowdStrike comprises 1.6% of OMC Financial Services LTD’s portfolio, making the stock its 16th largest holding. OMC Financial Services LTD’s holdings in CrowdStrike were worth $3,782,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of CRWD. Berbice Capital Management LLC bought a new position in CrowdStrike in the 4th quarter worth about $27,000. Oakworth Capital Inc. bought a new position in shares of CrowdStrike in the third quarter worth approximately $28,000. Fortitude Family Office LLC raised its stake in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares in the last quarter. Tsfg LLC lifted its position in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the last quarter. Finally, Castleview Partners LLC purchased a new position in CrowdStrike in the 3rd quarter worth approximately $32,000. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the sale, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This trade represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal 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 that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 111,565 shares of company stock worth $39,898,614 over the last three months. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Up 0.3 %

CRWD stock opened at $421.59 on Monday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average of $368.52 and a 200 day moving average of $316.29. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $431.33. The firm has a market cap of $103.84 billion, a PE ratio of 826.66, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research report on Wednesday, November 27th. Truist Financial lifted their price target on CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. CICC Research initiated coverage on CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective for the company. Needham & Company LLC raised their price objective on CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Finally, Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus target price of $370.00.

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.