Whelan Financial Buys Shares of 828 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Whelan Financial acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 828 shares of the company's stock, valued at approximately $283,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of CrowdStrike during the fourth quarter worth $1,111,542,000. Pathstone Holdings LLC boosted its holdings in CrowdStrike by 379.0% during the 4th quarter. Pathstone Holdings LLC now owns 1,286,200 shares of the company's stock valued at $440,116,000 after acquiring an additional 1,017,678 shares during the period. Raymond James Financial Inc. purchased a new position in CrowdStrike during the 4th quarter valued at about $237,375,000. Voya Investment Management LLC grew its position in 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 acquiring an additional 582,471 shares in the last quarter. Finally, Amundi increased its stake in CrowdStrike by 41.9% during the fourth quarter. Amundi now owns 1,382,952 shares of the company's stock worth $496,093,000 after purchasing an additional 408,190 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $324.16, for a total value of $2,026,000.00. Following the completion of the transaction, the director now owns 768,092 shares in the company, valued at $248,984,702.72. This trade represents a 0.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction 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. This represents a 4.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 185,431 shares of company stock worth $74,472,548 over the last ninety days. 3.32% of the stock is currently owned by company insiders.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $9.33 during mid-day trading on Thursday, hitting $444.07. 2,588,026 shares of the company were exchanged, compared to its average volume of 5,098,078. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $110.07 billion, a price-to-earnings ratio of 870.74, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The stock has a 50 day simple moving average of $391.60 and a 200-day simple moving average of $377.11. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CRWD. Guggenheim restated a "neutral" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Rosenblatt Securities restated a "buy" rating and issued a $450.00 price target on shares of CrowdStrike in a research note on Thursday, May 8th. Susquehanna upped their price objective on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research report on Wednesday, March 5th. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Robert W. Baird lowered their target price on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating for the company in a research note on Wednesday, March 5th. 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 given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $403.83.

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.