Altman Advisors Inc. Purchases 31 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Altman Advisors Inc. raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,623 shares of the company’s stock after purchasing an additional 31 shares during the period. Altman Advisors Inc.’s holdings in CrowdStrike were worth $2,266,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike during the 4th quarter valued at about $27,000. Fortitude Family Office LLC lifted its stake in 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 buying an additional 44 shares in the last quarter. FPC Investment Advisory Inc. lifted its stake in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares in the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Crowley Wealth Management Inc. bought a new stake in shares of CrowdStrike during the fourth quarter worth $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Trading Up 2.5 %

Shares of CrowdStrike stock opened at $377.90 on Friday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The stock has a market cap of $93.67 billion, a PE ratio of 740.99, a PEG ratio of 17.86 and a beta of 1.28. The firm has a 50-day moving average of $380.13 and a 200-day moving average of $354.82. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the transaction, the director now owns 768,092 shares in the company, valued at approximately $248,984,702.72. This trade represents a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Kurtz sold 22,449 shares of the business’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $358.68, for a total value of $8,052,007.32. Following the completion of the transaction, the chief executive officer now directly owns 2,178,452 shares of the company’s stock, valued at approximately $781,367,163.36. This trade represents a 1.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,801 shares of company stock valued at $45,553,642 in the last quarter. Company insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CRWD. Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Evercore ISI upped their price objective on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Stifel Nicolaus dropped their target price on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Raymond James cut CrowdStrike from an “outperform” rating to a “cautious” rating in a research note on Monday, March 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $400.88.

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.