Loudon Investment Management LLC Invests $231,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Loudon Investment Management LLC acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 675 shares of the company’s stock, valued at approximately $231,000.

Several other hedge funds also recently made changes to their positions in CRWD. Daiwa Securities Group Inc. grew its stake in shares of CrowdStrike by 1,655.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after purchasing an additional 712,900 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of CrowdStrike in the 4th quarter worth approximately $237,375,000. Amundi grew its stake in shares of CrowdStrike by 41.9% in the 4th 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 last quarter. Jennison Associates LLC grew its stake in shares of CrowdStrike by 6.9% in the 4th 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 last quarter. Finally, State Street Corp increased its position in shares of CrowdStrike by 2.9% in the third quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after acquiring an additional 275,717 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, CEO George Kurtz sold 18,071 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total transaction of $6,500,138.70. Following the transaction, the chief executive officer now owns 2,159,935 shares of the company’s stock, valued at approximately $776,928,619.50. The trade was a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the business’s 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 transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 100,315 shares of company stock worth $38,319,124. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CRWD has been the topic of several analyst reports. Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Susquehanna lifted their target price on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a “positive” rating in a research report on Wednesday, March 5th. Citigroup reissued a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Oppenheimer lifted their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $399.51.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $369.03 on Friday. The firm has a fifty day simple moving average of $386.27 and a 200-day simple moving average of $343.52. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The stock has a market capitalization of $91.47 billion, a price-to-earnings ratio of 723.60, a PEG ratio of 17.86 and a beta of 1.19.

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.