PFG Investments LLC Grows Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

PFG Investments LLC raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,041 shares of the company’s stock after purchasing an additional 101 shares during the period. PFG Investments LLC’s holdings in CrowdStrike were worth $1,725,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CRWD. Berbice Capital Management LLC purchased a new position in CrowdStrike in the fourth quarter valued at about $27,000. Oakworth Capital Inc. acquired a new position in shares of CrowdStrike in the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the last quarter. Tsfg LLC grew its position in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares in the last quarter. Finally, Castleview Partners LLC bought a new stake in shares of CrowdStrike in the third quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the sale, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the transaction, the insider now owns 98,214 shares of the company’s stock, valued at approximately $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 have sold 110,351 shares of company stock worth $38,935,113 in the last ninety days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $373.75 on Tuesday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $92.06 billion, a P/E ratio of 732.86, a PEG ratio of 20.07 and a beta of 1.14. The business’s 50-day moving average price is $358.65 and its 200 day moving average price is $311.37.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Stifel Nicolaus raised their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Bank of America lifted their price target on CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. KeyCorp upped their price objective on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. BNP Paribas began coverage on CrowdStrike in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 target price for the company. Finally, Rosenblatt Securities upped their price target on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $369.00.

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.