Silver Oak Securities Incorporated Has $211,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Silver Oak Securities Incorporated raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 404.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 827 shares of the company’s stock after buying an additional 663 shares during the period. Silver Oak Securities Incorporated’s holdings in CrowdStrike were worth $211,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. CVA Family Office LLC bought a new position in shares of CrowdStrike during the 4th quarter valued at $26,000. Bear Mountain Capital Inc. bought a new position in shares of CrowdStrike during the 4th quarter valued at $27,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of CrowdStrike during the 4th quarter valued at $36,000. Quent Capital LLC raised its holdings in shares of CrowdStrike by 48.5% during the 4th quarter. Quent Capital LLC now owns 147 shares of the company’s stock valued at $38,000 after purchasing an additional 48 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in CrowdStrike by 106.0% in the 4th quarter. Global Trust Asset Management LLC now owns 206 shares of the company’s stock worth $53,000 after acquiring an additional 106 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the sale, the insider now directly owns 235,850 shares of the company’s stock, valued at $76,851,722.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares of the company’s stock, valued at $76,851,722.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the completion of the sale, the chief executive officer now directly owns 1,148,102 shares of the company’s stock, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. Insiders sold a total of 223,544 shares of company stock valued at $72,113,932 over the last ninety days. Insiders own 5.68% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD stock opened at $295.44 on Thursday. CrowdStrike Holdings, Inc. has a 1 year low of $115.67 and a 1 year high of $365.00. The firm’s 50 day moving average is $313.64 and its 200-day moving average is $271.03. The firm has a market capitalization of $71.46 billion, a price-to-earnings ratio of 820.69, a PEG ratio of 12.16 and a beta of 1.05. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32.

CrowdStrike (NASDAQ:CRWD) last announced its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Sell-side analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Truist Financial lifted their target price on shares of CrowdStrike from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. DA Davidson lifted their target price on shares of CrowdStrike from $285.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Needham & Company LLC lifted their target price on shares of CrowdStrike from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Robert W. Baird boosted their price objective on shares of CrowdStrike from $281.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Finally, Raymond James assumed coverage on shares of CrowdStrike in a report on Tuesday, January 30th. They set an “outperform” rating and a $330.00 price objective on the stock. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $371.87.

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.