Capital Advisors Inc. OK Boosts Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Capital Advisors Inc. OK increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,975 shares of the company’s stock after buying an additional 87 shares during the quarter. Capital Advisors Inc. OK’s holdings in CrowdStrike were worth $676,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Empirical Asset Management LLC purchased a new position in shares of CrowdStrike during the fourth quarter worth approximately $11,310,000. Beacon Financial Advisory LLC acquired a new stake in CrowdStrike during the 3rd quarter worth $955,000. Sumitomo Mitsui Trust Group Inc. grew its position in CrowdStrike by 10.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after purchasing an additional 78,305 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in CrowdStrike by 0.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after purchasing an additional 2,863 shares during the period. Finally, Hemenway Trust Co LLC raised its holdings in shares of CrowdStrike by 356.8% in the third quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after buying an additional 5,352 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.7 %

CrowdStrike stock opened at $434.63 on Thursday. The stock has a 50-day moving average price of $371.79 and a 200 day moving average price of $319.16. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $437.60. The stock has a market cap of $107.05 billion, a PE ratio of 852.23, a P/E/G ratio of 17.22 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction 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 sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,565 shares of company stock valued at $50,597,609 in the last ninety days. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research reports. Scotiabank raised their price target on CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 21st. Citigroup boosted their target price on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a report on Friday, January 17th. Baird R W cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Rosenblatt Securities lifted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Finally, The Goldman Sachs Group upped their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, December 24th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $376.00.

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.