Howard Financial Services LTD. Invests $202,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Howard Financial Services LTD. bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 629 shares of the company’s stock, valued at approximately $202,000.

Other large investors also recently modified their holdings of the company. Shepherd Financial Partners LLC boosted its stake in CrowdStrike by 1.4% in the fourth quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock valued at $645,000 after buying an additional 36 shares in the last quarter. Cigna Investments Inc. New boosted its stake in CrowdStrike by 1.7% in the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock valued at $592,000 after buying an additional 38 shares in the last quarter. Pier 88 Investment Partners LLC boosted its stake in CrowdStrike by 0.9% in the fourth quarter. Pier 88 Investment Partners LLC now owns 4,690 shares of the company’s stock valued at $1,197,000 after buying an additional 40 shares in the last quarter. GAMMA Investing LLC boosted its stake in CrowdStrike by 18.5% in the first quarter. GAMMA Investing LLC now owns 282 shares of the company’s stock valued at $90,000 after buying an additional 44 shares in the last quarter. Finally, Fagan Associates Inc. boosted its stake in CrowdStrike by 0.5% in the fourth quarter. Fagan Associates Inc. now owns 9,650 shares of the company’s stock valued at $2,464,000 after buying an additional 45 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,662 shares of the business’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $632,607.06. Following the sale, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $382.93, for a total transaction of $1,723,185.00. Following the sale, the insider now directly owns 200,672 shares in the company, valued at approximately $76,843,328.96. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,662 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the sale, the chief accounting officer now owns 40,645 shares in the company, valued at $15,470,706.35. The disclosure for this sale can be found here. Over the last three months, insiders have sold 273,675 shares of company stock worth $92,085,172. 4.34% of the stock is owned by company insiders.

CrowdStrike Stock Down 1.1 %

Shares of NASDAQ:CRWD traded down $4.10 during mid-day trading on Friday, hitting $383.19. 8,152,451 shares of the company traded hands, compared to its average volume of 4,191,046. The stock has a market cap of $93.25 billion, a P/E ratio of 737.47, a P/E/G ratio of 19.04 and a beta of 1.08. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. CrowdStrike Holdings, Inc. has a 12-month low of $139.37 and a 12-month high of $394.64. The stock has a 50-day moving average price of $337.67 and a two-hundred day moving average price of $312.01.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CRWD shares. Guggenheim reaffirmed a “buy” rating and issued a $424.00 price objective on shares of CrowdStrike in a research note on Tuesday. HSBC increased their target price on CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Piper Sandler reiterated an “overweight” rating and issued a $400.00 target price on shares of CrowdStrike in a research report on Wednesday, June 5th. BTIG Research dropped their target price on CrowdStrike from $432.00 to $402.00 and set a “buy” rating for the company in a research report on Wednesday, June 5th. Finally, Oppenheimer increased their target price on CrowdStrike from $355.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, June 5th. One equities research analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $380.62.

CrowdStrike 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.