Centaurus Financial Inc. Purchases 1,207 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Centaurus Financial Inc. boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 62.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,153 shares of the company's stock after purchasing an additional 1,207 shares during the period. Centaurus Financial Inc.'s holdings in CrowdStrike were worth $1,079,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CRWD. Norges Bank bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $1,111,542,000. Pathstone Holdings LLC grew its position in shares of CrowdStrike by 379.0% in the 4th quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock valued at $440,116,000 after buying an additional 1,017,678 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $237,375,000. Voya Investment Management LLC grew its position in shares of CrowdStrike by 43.5% in the 4th quarter. Voya Investment Management LLC now owns 1,920,901 shares of the company's stock valued at $657,106,000 after buying an additional 582,471 shares during the last quarter. Finally, Amundi grew its position in shares of CrowdStrike by 41.9% in the 4th quarter. Amundi now owns 1,382,952 shares of the company's stock valued at $496,093,000 after buying an additional 408,190 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $7.01 during trading hours on Friday, reaching $465.82. The company had a trading volume of 4,481,144 shares, compared to its average volume of 5,121,604. The firm has a market cap of $115.46 billion, a PE ratio of 913.39, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $474.23. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The business has a fifty day simple moving average of $404.18 and a 200 day simple moving average of $383.65.

Insider Activity

In related news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction on 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 sale, the chief accounting officer now owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. This trade represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares of the company's stock, valued at $31,669,042. This represents a 4.78% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 195,431 shares of company stock worth $79,162,548. 3.32% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on CRWD. Stephens began coverage on CrowdStrike in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 price target on the stock. Mizuho lowered CrowdStrike from an "outperform" rating to a "neutral" rating and set a $425.00 price target on the stock. in a research report on Thursday, May 15th. Jefferies Financial Group restated a "buy" rating on shares of CrowdStrike in a research report on Wednesday, May 7th. Wedbush upped their target price on CrowdStrike from $390.00 to $395.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. Finally, Rosenblatt Securities restated a "buy" rating and set a $450.00 target price on shares of CrowdStrike in a research report on Thursday, May 8th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $408.12.

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.