Loudon Investment Management LLC Makes New $231,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Loudon Investment Management LLC purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 675 shares of the company’s stock, valued at approximately $231,000.

Other large investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new position in CrowdStrike during the fourth quarter worth approximately $27,000. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. FPC Investment Advisory Inc. raised its stake in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike in the 4th quarter valued at $34,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of CrowdStrike in the 4th quarter valued at $42,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO George Kurtz sold 18,071 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the sale, the chief executive officer now owns 2,159,935 shares in the company, valued at $776,928,619.50. This trade represents a 0.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock worth $38,319,124 in the last ninety days. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on CRWD shares. Stifel Nicolaus cut their target price on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Susquehanna raised their target price on shares of CrowdStrike from $400.00 to $425.00 and gave the company a “positive” rating in a research note on Wednesday, March 5th. Evercore ISI raised their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Finally, Barclays lowered their price target on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $399.51.

CrowdStrike Trading Down 1.6 %

Shares of NASDAQ:CRWD opened at $369.03 on Friday. The company has a market cap of $91.47 billion, a PE ratio of 723.60, a P/E/G ratio of 17.86 and a beta of 1.19. The company’s 50-day moving average price is $386.27 and its 200 day moving average price is $343.52. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.