1,896 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,896 shares of the company’s stock, valued at approximately $649,000.

A number of other institutional investors also recently bought and sold shares of the stock. Synergy Financial Group LTD lifted its position in CrowdStrike by 0.8% in the third 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 last quarter. M3 Advisory Group LLC lifted its position in CrowdStrike by 2.8% in the fourth 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 last quarter. Meridian Financial Partners LLC lifted its position in CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after buying an additional 33 shares during the last quarter. First Affirmative Financial Network lifted its position in CrowdStrike by 4.2% in the fourth quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock worth $278,000 after buying an additional 33 shares during the last quarter. Finally, Hilltop Holdings Inc. lifted its position in CrowdStrike by 1.8% in the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after buying an additional 34 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CRWD. Wells Fargo & Company raised their price target on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Barclays lifted their target price on CrowdStrike from $372.00 to $506.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Rosenblatt Securities lifted their target price on CrowdStrike from $385.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday. Cantor Fitzgerald lifted their target price on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Finally, Stifel Nicolaus lifted their target price on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $389.50.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $389.66 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. 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 company has a market cap of $95.98 billion, a PE ratio of 764.05, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The company’s 50 day moving average is $386.94 and its 200 day moving average is $334.90.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the completion of the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. The trade was a 2.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Kurtz sold 18,071 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the sale, the chief executive officer now directly owns 2,159,935 shares in the company, valued at $776,928,619.50. The trade was a 0.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 106,565 shares of company stock worth $40,570,629 over the last 90 days. 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.