Realta Investment Advisors Has $2.55 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Realta Investment Advisors grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,109 shares of the company’s stock after acquiring an additional 224 shares during the period. CrowdStrike accounts for 1.0% of Realta Investment Advisors’ holdings, making the stock its 19th largest position. Realta Investment Advisors’ holdings in CrowdStrike were worth $2,552,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. State Street Corp increased its holdings in shares of CrowdStrike by 2.9% during the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after purchasing an additional 275,717 shares during the period. 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 worth $1,854,843,000 after purchasing an additional 352,180 shares during the period. Geode Capital Management LLC increased its holdings in shares of CrowdStrike by 2.0% during the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock worth $1,367,505,000 after purchasing an additional 97,990 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of CrowdStrike by 12.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock worth $440,461,000 after purchasing an additional 171,861 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of CrowdStrike by 1.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock worth $379,895,000 after purchasing an additional 20,899 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the sale, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 111,565 shares of company stock worth $39,898,614. 4.34% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CRWD has been the topic of several recent research reports. Piper Sandler raised their target price on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Jefferies Financial Group lifted their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Oppenheimer lifted their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Needham & Company LLC lifted their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, Barclays lifted their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $370.00.

CrowdStrike Stock Performance

CrowdStrike stock opened at $420.51 on Friday. The firm’s fifty day moving average price is $367.00 and its 200-day moving average price is $314.86. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $103.58 billion, a P/E ratio of 824.55, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $421.63.

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.