CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Strategic Planning Group LLC

Strategic Planning Group LLC lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,472 shares of the company’s stock after purchasing an additional 414 shares during the quarter. Strategic Planning Group LLC’s holdings in CrowdStrike were worth $4,267,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in CrowdStrike during the 2nd quarter valued at approximately $38,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike during the third quarter valued at $28,000. Finally, Tsfg LLC increased its position in shares of CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Anurag Saha sold 1,863 shares of the 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 completion of the sale, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now directly owns 98,214 shares of the company’s stock, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock valued at $38,935,113 in the last ninety days. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CRWD. JMP Securities reiterated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. Scotiabank upped their target price on CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. Truist Financial raised their price target on shares of CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Evercore ISI increased their price objective on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Finally, KeyCorp boosted their target price on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.00.

CrowdStrike Trading Down 2.8 %

CRWD opened at $397.07 on Thursday. The business has a fifty day moving average price of $360.37 and a 200 day moving average price of $311.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market capitalization of $97.80 billion, a price-to-earnings ratio of 778.58, a PEG ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $411.30.

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.