CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Increased by Clarity Capital Partners LLC

Clarity Capital Partners LLC grew its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,777 shares of the company’s stock after buying an additional 780 shares during the period. CrowdStrike comprises 1.2% of Clarity Capital Partners LLC’s portfolio, making the stock its 21st largest position. Clarity Capital Partners LLC’s holdings in CrowdStrike were worth $2,319,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Empirical Asset Management LLC acquired a new position in CrowdStrike in the fourth quarter worth $11,310,000. Beacon Financial Advisory LLC bought a new position in shares of CrowdStrike in the 3rd quarter worth about $955,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after buying an additional 78,305 shares during the period. DekaBank Deutsche Girozentrale boosted its holdings in shares of CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after buying an additional 2,863 shares during the period. Finally, Hemenway Trust Co LLC grew its position in shares of CrowdStrike by 356.8% during the 3rd 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.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Royal Bank of Canada raised their target price on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Susquehanna raised their price target on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. KeyCorp upped their price objective on CrowdStrike from $395.00 to $480.00 and gave the stock an “overweight” rating in a research note on Tuesday. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research report on Wednesday, November 27th. Finally, Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. One equities 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 assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $376.00.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the business’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 sale, the insider now owns 120,298 shares in the company, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the transaction, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 136,565 shares of company stock valued at $50,597,609 over the last three months. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

CRWD opened at $434.63 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 firm 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 business has a fifty day simple moving average of $371.79 and a 200-day simple moving average of $319.16. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $437.60.

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.