Mason & Associates Inc Grows Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mason & Associates Inc boosted its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 30.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,887 shares of the company’s stock after buying an additional 1,142 shares during the quarter. Mason & Associates Inc’s holdings in CrowdStrike were worth $1,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the second quarter valued at approximately $25,000. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Itau Unibanco Holding S.A. purchased a new stake in shares of CrowdStrike during the second quarter worth about $33,000. Strategic Investment Solutions Inc. IL bought a new stake in CrowdStrike during the 2nd quarter valued at approximately $38,000. Finally, Oakworth Capital Inc. bought a new stake in shares of CrowdStrike during the third quarter valued at approximately $28,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,036 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now owns 816,730 shares in the company, valued at approximately $261,745,630.40. This trade represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, 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 106,351 shares of company stock valued at $37,515,473 in the last three months. 4.34% of the stock is owned by insiders.

CrowdStrike Trading Up 1.1 %

NASDAQ:CRWD opened at $366.00 on Thursday. 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 stock has a market capitalization of $90.15 billion, a price-to-earnings ratio of 717.66, a PEG ratio of 18.55 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33. The firm has a 50 day moving average of $353.83 and a 200 day moving average of $312.46.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. BMO Capital Markets raised their target price on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research report on Wednesday, November 27th. Cantor Fitzgerald lifted their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Wedbush set a $330.00 price target on CrowdStrike in a research report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $365.88.

CrowdStrike Company 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.