Seros Financial LLC Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Seros Financial LLC purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, Holdings Channel.com reports. The firm purchased 1,777 shares of the company’s stock, valued at approximately $608,000. CrowdStrike makes up approximately 0.6% of Seros Financial LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Abich Financial Wealth Management LLC purchased a new stake in shares of CrowdStrike during the 2nd quarter valued at about $25,000. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike in the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC boosted its holdings in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the period. Tsfg LLC increased its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the last quarter. Finally, Castleview Partners LLC purchased a new stake in CrowdStrike during the 3rd quarter valued at $32,000. 71.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CRWD. Oppenheimer increased their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Susquehanna raised their price objective on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a research note on Wednesday, November 27th. Stifel Nicolaus increased their price target on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Cantor Fitzgerald boosted their price objective on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group boosted their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $369.00.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now directly owns 816,730 shares in the company, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock worth $38,935,113 over the last ninety days. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 0.1 %

Shares of NASDAQ CRWD opened at $377.70 on Friday. The stock has a market cap of $93.03 billion, a PE ratio of 740.60, a P/E/G ratio of 19.49 and a beta of 1.14. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The company has a 50-day moving average of $357.22 and a 200 day moving average of $311.97.

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.