Blue Square Asset Management LLC Acquires 246 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Blue Square Asset Management LLC raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,278 shares of the company’s stock after purchasing an additional 246 shares during the period. CrowdStrike accounts for 1.4% of Blue Square Asset Management LLC’s portfolio, making the stock its 26th largest position. Blue Square Asset Management LLC’s holdings in CrowdStrike were worth $2,832,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Empirical Asset Management LLC bought a new position in CrowdStrike during the 4th quarter valued at approximately $11,310,000. Beacon Financial Advisory LLC purchased a new stake in shares of CrowdStrike in the third quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after acquiring an additional 78,305 shares in the last quarter. Doliver Advisors LP raised its position in shares of CrowdStrike by 223.2% in the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its stake in CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CRWD. Evercore ISI lifted their target price on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. Scotiabank upped their price objective on CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. Needham & Company LLC increased their target price on CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Citigroup boosted their price target on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. Finally, Piper Sandler increased their price objective on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and an average price target of $369.00.

CrowdStrike Stock Down 0.7 %

Shares of CRWD stock opened at $374.92 on Friday. The stock has a market cap of $92.35 billion, a P/E ratio of 735.15, a PEG ratio of 20.07 and a beta of 1.14. The company’s fifty day simple moving average is $358.65 and its two-hundred day simple moving average is $312.32. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the transaction, the director now directly owns 816,730 shares of the company’s stock, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the sale, the insider now owns 115,798 shares in the company, valued at $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 110,351 shares of company stock valued at $38,935,113. Insiders own 4.34% of the company’s stock.

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.