Sivia Capital Partners LLC Purchases New Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sivia Capital Partners LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, HoldingsChannel reports. The fund purchased 621 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds also recently modified their holdings of CRWD. Quest Partners LLC acquired a new position in CrowdStrike in the 2nd quarter worth $104,000. Johnson Investment Counsel Inc. bought a new position in CrowdStrike during the 2nd quarter valued at $239,000. Wealthspire Advisors LLC grew its holdings in CrowdStrike by 9.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 1,272 shares of the company’s stock worth $487,000 after acquiring an additional 114 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of CrowdStrike by 62.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 27,266 shares of the company’s stock valued at $10,448,000 after purchasing an additional 10,497 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in CrowdStrike by 6.8% in the second quarter. Envestnet Asset Management Inc. now owns 339,137 shares of the company’s stock worth $129,954,000 after purchasing an additional 21,590 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded down $9.07 on Monday, reaching $339.77. The stock had a trading volume of 2,367,190 shares, compared to its average volume of 2,654,972. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The business’s 50-day moving average price is $352.17 and its two-hundred day moving average price is $313.03. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $83.69 billion, a P/E ratio of 666.23, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CRWD shares. Morgan Stanley boosted their price target on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. JMP Securities reissued a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. Barclays raised their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. BNP Paribas began coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price objective on the stock. Finally, Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $365.88.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 2,858 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the sale, the chief accounting officer now directly owns 38,201 shares in the company, valued at $13,916,242.29. This represents a 6.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the sale, the director now owns 811,842 shares in the company, valued at $280,613,187.30. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 110,351 shares of company stock valued at $38,752,993 in the last 90 days. 4.34% of the stock is currently owned by insiders.

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.