Signaturefd LLC Purchases 434 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Signaturefd LLC lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 16.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,092 shares of the company’s stock after acquiring an additional 434 shares during the quarter. Signaturefd LLC’s holdings in CrowdStrike were worth $789,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. CVA Family Office LLC acquired a new position in CrowdStrike during the 4th quarter valued at about $26,000. Silver Oak Securities Incorporated acquired a new position in CrowdStrike in the third quarter valued at approximately $27,000. Bear Mountain Capital Inc. bought a new position in CrowdStrike in the fourth quarter valued at approximately $27,000. Gradient Investments LLC grew its holdings in CrowdStrike by 1,818.2% during the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares during the period. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in shares of CrowdStrike during the 4th quarter valued at $36,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on CRWD shares. BTIG Research lifted their price objective on CrowdStrike from $322.00 to $432.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Evercore ISI boosted their target price on CrowdStrike from $255.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. UBS Group increased their price target on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Morgan Stanley boosted their price objective on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. Finally, Macquarie reiterated an “outperform” rating and issued a $370.00 target price on shares of CrowdStrike in a report on Tuesday, March 19th. One analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.87.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75. Following the transaction, the insider now directly owns 235,850 shares in the company, valued at $76,851,722.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Shawn Henry sold 14,815 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.85, for a total transaction of $4,827,467.75. Following the completion of the sale, the insider now owns 235,850 shares in the company, valued at $76,851,722.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, President Michael Sentonas sold 18,747 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $6,107,772.60. Following the transaction, the president now owns 382,958 shares in the company, valued at approximately $124,767,716.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 223,544 shares of company stock worth $72,113,932. Company insiders own 5.68% of the company’s stock.

CrowdStrike Stock Up 2.3 %

CrowdStrike stock opened at $289.15 on Tuesday. CrowdStrike Holdings, Inc. has a fifty-two week low of $115.67 and a fifty-two week high of $365.00. The firm has a market capitalization of $69.94 billion, a PE ratio of 803.22, a P/E/G ratio of 11.30 and a beta of 1.05. The company’s 50-day moving average is $317.08 and its 200-day moving average is $265.99. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The firm had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. Sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

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.