Graney & King LLC Invests $51,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Graney & King LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 150 shares of the company’s stock, valued at approximately $51,000.

A number of other institutional investors also recently bought and sold shares of CRWD. Jacobi Capital Management LLC lifted its position in CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after buying an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC boosted its stake in CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after acquiring an additional 27 shares in the last quarter. Wintrust Investments LLC grew its holdings in CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after purchasing an additional 29 shares during the period. Synergy Financial Group LTD grew its holdings in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares during the period. Finally, Greenwich Wealth Management LLC increased its stake in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after purchasing an additional 30 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $371.41 on Thursday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The business has a 50-day moving average price of $388.08 and a 200-day moving average price of $347.22. The firm has a market cap of $92.06 billion, a price-to-earnings ratio of 728.27, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CRWD shares. BMO Capital Markets upped their price target on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Barclays reduced their price target on CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. Royal Bank of Canada reiterated an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Jefferies Financial Group reduced their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Finally, Truist Financial upped their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $400.26.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 2,141 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $371.79, for a total transaction of $796,002.39. Following the completion of the sale, the chief accounting officer now owns 34,024 shares in the company, valued at approximately $12,649,782.96. The trade was a 5.92 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,801 shares of company stock valued at $42,092,255. Corporate insiders own 4.34% of the company’s stock.

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.