Stableford Capital II LLC Has $2.03 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Stableford Capital II LLC decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,933 shares of the company’s stock after selling 74 shares during the period. Stableford Capital II LLC’s holdings in CrowdStrike were worth $2,030,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

CRWD has been the topic of several research reports. The Goldman Sachs Group upped their price target on CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research note on Tuesday, December 24th. BNP Paribas started coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 target price on the stock. JPMorgan Chase & Co. increased their price objective on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Oppenheimer lifted their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Finally, Truist Financial raised their price target on CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $369.00.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $398.07 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $411.30. 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 stock’s 50-day simple moving average is $362.61 and its 200 day simple moving average is $312.98. The firm has a market capitalization of $98.05 billion, a PE ratio of 780.54, a price-to-earnings-growth ratio of 21.08 and a beta of 1.14.

Insider Activity at CrowdStrike

In other news, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Burt W. Podbere sold 11,217 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.14, for a total transaction of $4,017,256.38. Following the sale, the chief financial officer now owns 290,711 shares in the company, valued at approximately $104,115,237.54. This represents a 3.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by insiders.

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.