822 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by ERn Financial LLC

ERn Financial LLC acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 822 shares of the company’s stock, valued at approximately $281,000.

Several other large investors also recently modified their holdings of the company. BluePath Capital Management LLC grew its holdings in CrowdStrike by 17.3% during the fourth quarter. BluePath Capital Management LLC now owns 3,561 shares of the company’s stock valued at $1,216,000 after purchasing an additional 526 shares during the period. Brave Asset Management Inc. bought a new stake in CrowdStrike during the fourth quarter valued at about $235,000. Redhawk Wealth Advisors Inc. bought a new stake in CrowdStrike during the fourth quarter valued at about $207,000. Rockingstone Advisors LLC grew its holdings in CrowdStrike by 86.0% during the fourth quarter. Rockingstone Advisors LLC now owns 10,451 shares of the company’s stock valued at $3,576,000 after purchasing an additional 4,833 shares during the period. Finally, Smith Anglin Financial LLC grew its holdings in CrowdStrike by 3.1% during the fourth quarter. Smith Anglin Financial LLC now owns 2,067 shares of the company’s stock valued at $707,000 after purchasing an additional 63 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of several recent research reports. Canaccord Genuity Group reissued a “buy” rating and set a $330.00 price target on shares of CrowdStrike in a report on Monday, September 30th. Citigroup boosted their price target on CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Bank of America boosted their price target on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Stifel Nicolaus boosted their price objective on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Piper Sandler boosted their price objective on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $365.88.

CrowdStrike Stock Up 0.4 %

CrowdStrike stock opened at $363.38 on Friday. The business has a fifty day moving average of $354.67 and a two-hundred day moving average of $312.81. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $89.50 billion, a P/E ratio of 712.52, a P/E/G ratio of 18.55 and a beta of 1.14. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares in the company, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Michael Sentonas sold 10,801 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the sale, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock worth $38,935,113 over the last 90 days. Company insiders own 4.34% of the company’s stock.

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.