755 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Lionshead Wealth Management LLC

Lionshead Wealth Management LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 755 shares of the company's stock, valued at approximately $258,000.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of CrowdStrike by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock worth $7,502,204,000 after acquiring an additional 342,294 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of CrowdStrike by 6.9% during the fourth quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock valued at $1,854,843,000 after acquiring an additional 352,180 shares in the last quarter. Geode Capital Management LLC raised its position in shares of CrowdStrike by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,018,441 shares of the company's stock valued at $1,712,063,000 after purchasing an additional 124,984 shares during the last quarter. Norges Bank purchased a new stake in CrowdStrike during the 4th quarter worth approximately $1,111,542,000. Finally, Northern Trust Corp increased its position in shares of CrowdStrike by 16.6% in the 4th quarter. Northern Trust Corp now owns 2,271,722 shares of the company's stock valued at $777,292,000 after acquiring an additional 324,136 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares of the company's stock, valued at $12,969,492.30. This trade represents a 3.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares of the company's stock, valued at $42,459,423.38. This represents a 4.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 189,431 shares of company stock worth $76,275,228 in the last three months. 3.32% of the stock is owned by insiders.

Analyst Ratings Changes

CRWD has been the topic of several research reports. Canaccord Genuity Group upped their target price on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Barclays decreased their price objective on shares of CrowdStrike from $506.00 to $475.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. Rosenblatt Securities reaffirmed a "buy" rating and set a $450.00 target price on shares of CrowdStrike in a report on Thursday, May 8th. DA Davidson lifted their target price on shares of CrowdStrike from $395.00 to $415.00 and gave the company a "buy" rating in a report on Wednesday, March 5th. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of CrowdStrike in a report on Wednesday, May 7th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $403.20.

CrowdStrike Stock Performance

Shares of CRWD stock traded down $4.26 on Wednesday, hitting $435.94. 2,843,890 shares of the stock traded hands, compared to its average volume of 5,101,719. The company has a market capitalization of $108.06 billion, a PE ratio of 854.80, a PEG ratio of 17.86 and a beta of 1.22. The company's fifty day moving average is $379.14 and its 200 day moving average is $372.03. 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 1-year low of $200.81 and a 1-year high of $455.59.

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.