CAP Partners LLC Buys 44 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

CAP Partners LLC raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,347 shares of the company’s stock after purchasing an additional 44 shares during the quarter. CAP Partners LLC’s holdings in CrowdStrike were worth $461,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CRWD. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the 4th quarter worth approximately $27,000. Oakworth Capital Inc. purchased a new stake in CrowdStrike in the third quarter worth $28,000. Fortitude Family Office LLC lifted its position 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 boosted its stake in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the period. Finally, Castleview Partners LLC bought a new position in shares of CrowdStrike in the third quarter worth about $32,000. Institutional investors own 71.16% of the company’s stock.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This trade represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction dated 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 of the company’s stock, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 111,565 shares of company stock valued at $39,898,614. 4.34% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wedbush set a $330.00 price target on shares of CrowdStrike in a research note on Thursday, October 17th. BMO Capital Markets upped their target price on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Susquehanna raised their price target on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research note on Wednesday, November 27th. Needham & Company LLC upped their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Finally, CICC Research assumed coverage on shares of CrowdStrike in a research report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price target for the company. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus target price of $370.00.

CrowdStrike Price Performance

Shares of CRWD stock opened at $428.92 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market capitalization of $105.65 billion, a PE ratio of 841.04, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16. The firm’s 50-day moving average is $368.52 and its two-hundred day moving average is $316.70. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $431.90.

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.