Ameriflex Group Inc. Makes New $192,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Ameriflex Group Inc. bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 560 shares of the company's stock, valued at approximately $192,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of CrowdStrike by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 21,926,011 shares of the company's stock worth $7,502,204,000 after purchasing an additional 342,294 shares in the last quarter. Jennison Associates LLC grew its holdings in CrowdStrike by 6.9% in the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company's stock worth $1,854,843,000 after acquiring an additional 352,180 shares during the last quarter. Geode Capital Management LLC raised its position in CrowdStrike by 2.6% during 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 bought a new stake in CrowdStrike in the fourth quarter valued at $1,111,542,000. Finally, Northern Trust Corp lifted its holdings in CrowdStrike by 16.6% in the fourth quarter. Northern Trust Corp now owns 2,271,722 shares of the company's stock worth $777,292,000 after buying an additional 324,136 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Up 0.7%

Shares of CRWD stock traded up $3.42 during mid-day trading on Friday, hitting $462.23. The stock had a trading volume of 1,397,567 shares, compared to its average volume of 5,113,486. The firm has a market capitalization of $114.57 billion, a P/E ratio of 905.58, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. 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 $474.23. The firm's 50-day moving average is $402.56 and its two-hundred day moving average is $382.80.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Wedbush boosted their target price on CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. UBS Group raised their target price on CrowdStrike from $425.00 to $545.00 and gave the stock a "buy" rating in a research report on Thursday. Morgan Stanley upped their price objective on CrowdStrike from $415.00 to $455.00 and gave the stock an "overweight" rating in a research note on Thursday, May 15th. Rosenblatt Securities reissued a "buy" rating and set a $450.00 price target on shares of CrowdStrike in a report on Thursday, May 8th. Finally, Canaccord Genuity Group upped their target price on shares of CrowdStrike from $370.00 to $420.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus target price of $408.12.

Insider Buying and Selling

In other news, CEO George Kurtz sold 55,556 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $447.54, for a total value of $24,863,532.24. Following the completion of the sale, the chief executive officer now owns 2,192,610 shares in the company, valued at approximately $981,280,679.40. The trade was a 2.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Michael Sentonas sold 13,543 shares of the company's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the completion of the sale, the president now directly owns 405,308 shares of the company's stock, valued at $145,351,554.96. The trade was a 3.23% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 195,431 shares of company stock valued at $79,162,548 over the last three months. 3.32% of the stock is owned by company insiders.

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.