Hexagon Capital Partners LLC Takes $26,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Hexagon Capital Partners LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 100 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds have also bought and sold shares of the business. Cigna Investments Inc. New boosted its stake in CrowdStrike by 1.7% in the 4th quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after purchasing an additional 38 shares in the last quarter. Quent Capital LLC lifted its stake in shares of CrowdStrike by 48.5% in the fourth quarter. Quent Capital LLC now owns 147 shares of the company’s stock worth $38,000 after buying an additional 48 shares in the last quarter. Advisory Resource Group grew its holdings in shares of CrowdStrike by 0.7% during the third quarter. Advisory Resource Group now owns 6,670 shares of the company’s stock valued at $1,116,000 after buying an additional 49 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its position in shares of CrowdStrike by 23.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 254 shares of the company’s stock valued at $65,000 after acquiring an additional 49 shares in the last quarter. Finally, Modus Advisors LLC raised its holdings in CrowdStrike by 1.7% in the 4th quarter. Modus Advisors LLC now owns 2,950 shares of the company’s stock worth $753,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the sale, the insider now directly owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Anurag Saha sold 1,019 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares in the company, valued at $11,773,108.80. The disclosure for this sale can be found here. Insiders sold 223,544 shares of company stock worth $72,113,932 over the last 90 days. Company insiders own 5.68% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of several recent analyst reports. Stifel Nicolaus increased their target price on CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Morgan Stanley boosted their target price on CrowdStrike from $304.00 to $372.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 13th. Scotiabank raised their price target on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 6th. Mizuho lifted their price target on shares of CrowdStrike from $360.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, TD Cowen raised their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike Trading Up 2.2 %

CRWD opened at $310.21 on Friday. The stock has a 50-day moving average of $313.50 and a 200 day moving average of $271.26. 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 Holdings, Inc. has a 12 month low of $117.45 and a 12 month high of $365.00. The firm has a market cap of $75.03 billion, a P/E ratio of 861.72, a P/E/G ratio of 12.14 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.06. The firm had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. As a group, research analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

CrowdStrike Company 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.