CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stake Lifted by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 811.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82 shares of the company’s stock after buying an additional 73 shares during the quarter. FPC Investment Advisory Inc.’s holdings in CrowdStrike were worth $28,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Berbice Capital Management LLC bought a new position in shares of CrowdStrike in the fourth quarter worth $27,000. Fortitude Family Office LLC grew its stake in shares of CrowdStrike by 112.8% in 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 in the last quarter. Luken Investment Analytics LLC bought a new position in shares of CrowdStrike in the fourth quarter worth $34,000. Princeton Global Asset Management LLC grew its stake in shares of CrowdStrike by 240.0% in the third quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock worth $38,000 after purchasing an additional 96 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of CrowdStrike in the third quarter worth $38,000. 71.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Piper Sandler increased their price target on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Royal Bank of Canada raised their target price on CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a research note on Monday, November 4th. Rosenblatt Securities raised their target price on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Morgan Stanley raised their target price on CrowdStrike from $390.00 to $429.00 and gave the company an “overweight” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-eight have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $383.08.

CrowdStrike Stock Down 6.8 %

CRWD opened at $406.61 on Friday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The business has a 50-day moving average of $384.76 and a 200-day moving average of $330.35. 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 $100.15 billion, a PE ratio of 797.30, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16.

Insider Activity

In other news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction dated 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 owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated 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 transaction, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 136,565 shares of company stock valued at $51,038,529. 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.