Brave Asset Management Inc. Makes New $235,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Brave Asset Management Inc. acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 688 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors have also recently modified their holdings of CRWD. Massachusetts Financial Services Co. MA boosted its holdings in shares of CrowdStrike by 18.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,532 shares of the company’s stock worth $1,737,000 after purchasing an additional 691 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in CrowdStrike by 54.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 286,183 shares of the company’s stock worth $109,670,000 after buying an additional 101,079 shares during the last quarter. Citizens Financial Group Inc. RI grew its holdings in CrowdStrike by 94.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 1,613 shares of the company’s stock valued at $618,000 after buying an additional 782 shares during the period. WealthPLAN Partners LLC acquired a new position in shares of CrowdStrike during the 2nd quarter valued at about $250,000. Finally, Moors & Cabot Inc. lifted its holdings in shares of CrowdStrike by 102.7% during the 2nd quarter. Moors & Cabot Inc. now owns 3,039 shares of the company’s stock worth $1,165,000 after acquiring an additional 1,540 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Up 4.0 %

CRWD opened at $362.02 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The stock’s 50 day moving average price is $353.83 and its 200 day moving average price is $312.46. The stock has a market cap of $89.17 billion, a P/E ratio of 709.86, a P/E/G ratio of 19.75 and a beta of 1.11.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 5,505 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $1,973,377.35. Following the completion of the transaction, the insider now directly owns 110,293 shares of the company’s stock, valued at approximately $39,536,731.71. This trade represents a 4.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the sale, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. This represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 106,351 shares of company stock valued at $37,515,473. Company insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the subject of several research reports. BNP Paribas initiated coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price objective for the company. Morgan Stanley raised their price objective on CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Wedbush set a $330.00 target price on shares of CrowdStrike in a research report on Thursday, October 17th. Royal Bank of Canada lifted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $330.00 target price on shares of CrowdStrike in a research note on Monday, September 30th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $365.88.

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.