NovaPoint Capital LLC Boosts Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

NovaPoint Capital LLC increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 907 shares of the company’s stock after buying an additional 100 shares during the period. NovaPoint Capital LLC’s holdings in CrowdStrike were worth $310,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Czech National Bank increased its holdings in shares of CrowdStrike by 7.0% in the 3rd quarter. Czech National Bank now owns 47,033 shares of the company’s stock worth $13,191,000 after buying an additional 3,084 shares during the last quarter. GAMMA Investing LLC grew its position in CrowdStrike by 77.0% in the third quarter. GAMMA Investing LLC now owns 1,170 shares of the company’s stock worth $328,000 after acquiring an additional 509 shares in the last quarter. Miracle Mile Advisors LLC increased its stake in CrowdStrike by 21.0% in the third quarter. Miracle Mile Advisors LLC now owns 2,058 shares of the company’s stock valued at $577,000 after acquiring an additional 357 shares during the last quarter. Fulton Bank N.A. raised its position in CrowdStrike by 46.9% during the third quarter. Fulton Bank N.A. now owns 2,143 shares of the company’s stock valued at $601,000 after purchasing an additional 684 shares in the last quarter. Finally, Reliant Investment Management LLC boosted its holdings in shares of CrowdStrike by 3.6% in the 3rd quarter. Reliant Investment Management LLC now owns 18,178 shares of the company’s stock worth $5,098,000 after purchasing an additional 625 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday. Jefferies Financial Group upped their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Citigroup upped their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Susquehanna boosted their target price on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research note on Wednesday, November 27th. Finally, Piper Sandler upped their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $370.00.

Insiders Place Their Bets

In related news, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were 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 in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 105,315 shares of company stock worth $37,321,176 over the last quarter. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Trading Up 2.4 %

NASDAQ:CRWD opened at $417.22 on Thursday. The firm has a market capitalization of $102.77 billion, a price-to-earnings ratio of 818.09, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16. 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 business has a fifty day moving average price of $364.15 and a 200-day moving average price of $313.40. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $419.39.

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.