Silver Oak Securities Incorporated Purchases Shares of 657 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Silver Oak Securities Incorporated acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, HoldingsChannel reports. The firm acquired 657 shares of the company’s stock, valued at approximately $230,000.

A number of other institutional investors also recently modified their holdings of the company. Berbice Capital Management LLC bought a new stake in CrowdStrike during the 4th quarter worth approximately $27,000. Oakworth Capital Inc. acquired a new position in CrowdStrike in the third quarter worth $28,000. Fortitude Family Office LLC grew its holdings in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Tsfg LLC grew its holdings in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the last quarter. Finally, Castleview Partners LLC bought a new position in shares of CrowdStrike in the third quarter valued at about $32,000. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 18,071 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the transaction, the chief executive officer now directly owns 2,159,935 shares of the company’s stock, valued at $776,928,619.50. This trade represents a 0.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 111,565 shares of company stock valued at $39,898,614 in the last three months. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CRWD. CICC Research began coverage on shares of CrowdStrike in a report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective on the stock. Rosenblatt Securities boosted their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Bank of America increased their price objective on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. boosted their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Finally, Jefferies Financial Group raised their price target on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, December 19th. 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Trading Up 0.3 %

Shares of CRWD stock opened at $421.59 on Monday. The stock has a market cap of $103.84 billion, a P/E ratio of 826.66, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $431.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of $368.52 and a 200 day simple moving average of $316.29.

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.