West Family Investments Inc. Invests $230,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

West Family Investments Inc. bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 673 shares of the company’s stock, valued at approximately $230,000.

A number of other hedge funds have also recently added to or reduced their stakes in CRWD. Ashton Thomas Private Wealth LLC increased its holdings in CrowdStrike by 9.7% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 12,489 shares of the company’s stock valued at $4,273,000 after buying an additional 1,103 shares in the last quarter. Callan Family Office LLC purchased a new position in shares of CrowdStrike in the 4th quarter valued at about $2,326,000. E Fund Management Co. Ltd. increased its stake in shares of CrowdStrike by 38.9% in the 4th quarter. E Fund Management Co. Ltd. now owns 7,598 shares of the company’s stock valued at $2,600,000 after purchasing an additional 2,126 shares in the last quarter. Lindbrook Capital LLC raised its holdings in CrowdStrike by 15.7% in the 4th quarter. Lindbrook Capital LLC now owns 1,100 shares of the company’s stock worth $376,000 after purchasing an additional 149 shares during the period. Finally, Black Swift Group LLC boosted its position in CrowdStrike by 25.7% during the fourth quarter. Black Swift Group LLC now owns 20,289 shares of the company’s stock worth $6,942,000 after purchasing an additional 4,149 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

CrowdStrike stock opened at $333.50 on Friday. The company’s 50 day simple moving average is $387.07 and its 200-day simple moving average is $338.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a market capitalization of $82.14 billion, a price-to-earnings ratio of 653.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. The trade was a 4.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of the business’s 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 sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 100,315 shares of company stock worth $38,387,254. Insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several research analyst reports. BMO Capital Markets upped their target price on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday. HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a report on Wednesday, November 27th. DA Davidson lifted their target price on shares of CrowdStrike from $395.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday. KeyCorp cut their target price on shares of CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $400.10.

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.