Silver Oak Securities Incorporated Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Silver Oak Securities Incorporated acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 657 shares of the company’s stock, valued at approximately $230,000.

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

Insider Activity at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the sale, the director now owns 805,592 shares of the company’s stock, valued at $332,218,084.88. The trade was a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 111,565 shares of company stock worth $39,898,614. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Up 0.3 %

CrowdStrike stock opened at $421.59 on Monday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $431.33. The stock has a market cap of $103.84 billion, a price-to-earnings ratio of 826.66, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. The business has a 50 day moving average price of $368.52 and a two-hundred day moving average price of $316.29. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Wall Street Analyst Weigh In

Several brokerages recently commented on CRWD. JMP Securities restated a “market outperform” rating and issued a $400.00 price target on shares of CrowdStrike in a research report on Monday, November 4th. BMO Capital Markets increased their target price on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Susquehanna lifted their price target on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a report on Wednesday, November 27th. Evercore ISI increased their price objective on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Finally, CICC Research started coverage on CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 target price on the stock. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average price target of $370.00.

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.