GAMMA Investing LLC Has $383.13 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

GAMMA Investing LLC boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 50,536.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,086,652 shares of the company's stock after acquiring an additional 1,084,506 shares during the quarter. GAMMA Investing LLC owned 0.44% of CrowdStrike worth $383,132,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CRWD. FPC Investment Advisory Inc. raised its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the period. Crowley Wealth Management Inc. purchased a new stake in CrowdStrike in the 4th quarter valued at $34,000. Luken Investment Analytics LLC purchased a new stake in shares of CrowdStrike in the fourth quarter valued at about $34,000. Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $34,000. Finally, Bellwether Advisors LLC acquired a new stake in CrowdStrike during the fourth quarter worth $37,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 2,141 shares of the firm's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $371.79, for a total transaction of $796,002.39. Following the transaction, the chief accounting officer now owns 34,024 shares of the company's stock, valued at approximately $12,649,782.96. This trade represents a 5.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was 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 in the company, valued at approximately $31,669,042. The trade was a 4.78% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 195,431 shares of company stock valued at $79,162,548. Corporate insiders own 3.32% of the company's stock.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of recent analyst reports. Stephens assumed coverage on shares of CrowdStrike in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 target price on the stock. Piper Sandler set a $347.00 target price on CrowdStrike in a research report on Wednesday, March 5th. Morgan Stanley lifted their price target on CrowdStrike from $415.00 to $455.00 and gave the stock an "overweight" rating in a research report on Thursday, May 15th. Mizuho lowered CrowdStrike from an "outperform" rating to a "neutral" rating and set a $425.00 price objective on the stock. in a report on Thursday, May 15th. Finally, Truist Financial lowered their target price on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $408.12.

CrowdStrike Stock Up 1.5%

NASDAQ:CRWD traded up $7.01 during mid-day trading on Friday, reaching $465.82. The stock had a trading volume of 4,481,144 shares, compared to its average volume of 5,120,463. The company has a market capitalization of $115.46 billion, a price-to-earnings ratio of 913.39, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The stock's 50 day simple moving average is $404.18 and its two-hundred day simple moving average is $383.90. 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 $474.23.

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.