CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Quartz Partners LLC

Quartz Partners LLC raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 942 shares of the company’s stock after purchasing an additional 147 shares during the quarter. Quartz Partners LLC’s holdings in CrowdStrike were worth $322,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CRWD. Empirical Asset Management LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth $11,310,000. Beacon Financial Advisory LLC purchased a new stake in CrowdStrike during the third quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. increased its stake in CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after acquiring an additional 78,305 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in shares of CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares during the period. Finally, Hemenway Trust Co LLC lifted its stake in shares of CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after purchasing an additional 5,352 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Cantor Fitzgerald increased their target price on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. BMO Capital Markets increased their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. CICC Research began coverage on shares of CrowdStrike in a research note on Monday, November 18th. They issued a “market perform” rating and a $295.00 target price on the stock. Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $383.08.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares in the company, valued at $42,459,423.38. The trade was a 4.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares in the company, valued at $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. Over the last ninety days, insiders sold 136,565 shares of company stock valued at $51,038,529. 4.34% of the stock is currently owned by insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $406.61 on Monday. The company has a market cap of $100.15 billion, a PE ratio of 797.30, a P/E/G ratio of 17.86 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 $455.59. The firm has a 50-day simple moving average of $384.76 and a 200 day simple moving average of $331.06. 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 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.