11,822 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Brooklyn FI LLC

Brooklyn FI LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 11,822 shares of the company’s stock, valued at approximately $3,927,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Xponance Inc. grew its stake in shares of CrowdStrike by 3.7% in the fourth quarter. Xponance Inc. now owns 54,608 shares of the company’s stock worth $18,685,000 after acquiring an additional 1,941 shares in the last quarter. Intech Investment Management LLC boosted its holdings in CrowdStrike by 47.9% in the fourth quarter. Intech Investment Management LLC now owns 6,915 shares of the company’s stock valued at $2,366,000 after purchasing an additional 2,240 shares during the period. Generali Asset Management SPA SGR acquired a new position in CrowdStrike during the 4th quarter worth $2,225,000. Evoke Wealth LLC increased its holdings in CrowdStrike by 9.8% during the 4th quarter. Evoke Wealth LLC now owns 2,533 shares of the company’s stock worth $867,000 after purchasing an additional 227 shares during the period. Finally, Horizon Investments LLC raised its position in CrowdStrike by 47.4% in the 4th quarter. Horizon Investments LLC now owns 10,985 shares of the company’s stock valued at $3,759,000 after purchasing an additional 3,530 shares in the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $363.15 on Wednesday. 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 business’s 50 day moving average is $385.73 and its two-hundred day moving average is $343.12. The stock has a market capitalization of $89.45 billion, a price-to-earnings ratio of 712.07, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CRWD shares. Scotiabank reissued a “sector perform” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Truist Financial boosted their price target on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Oppenheimer raised their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. BMO Capital Markets boosted their target price on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, Bank of America raised their price target on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $398.78.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Michael Sentonas sold 10,801 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the transaction, the president now directly owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,315 shares of company stock valued at $38,319,124 over the last quarter. Company insiders own 4.34% of the company’s stock.

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.