Consolidated Portfolio Review Corp Invests $388,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Consolidated Portfolio Review Corp bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, HoldingsChannel.com reports. The fund bought 1,135 shares of the company’s stock, valued at approximately $388,000.

A number of other large investors also recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its stake in shares of CrowdStrike by 77.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,170 shares of the company’s stock valued at $328,000 after acquiring an additional 509 shares during the last quarter. CWM LLC lifted its position in CrowdStrike by 413.5% in the third quarter. CWM LLC now owns 63,932 shares of the company’s stock valued at $17,931,000 after purchasing an additional 51,482 shares during the last quarter. Wedmont Private Capital boosted its stake in shares of CrowdStrike by 16.5% during the third quarter. Wedmont Private Capital now owns 3,048 shares of the company’s stock valued at $875,000 after purchasing an additional 432 shares during the period. Watts Gwilliam & Co. LLC bought a new position in shares of CrowdStrike in the third quarter worth approximately $1,704,000. Finally, San Luis Wealth Advisors LLC bought a new position in shares of CrowdStrike in the third quarter worth approximately $201,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the transaction, the director now owns 805,592 shares of the company’s stock, valued at approximately $332,218,084.88. This trade represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on 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 sale, the insider now directly owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 111,565 shares of company stock worth $39,898,614 in the last ninety days. Insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 0.3 %

Shares of CRWD stock opened at $421.59 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $431.33. The stock has a market capitalization of $103.84 billion, a P/E ratio of 826.66, a P/E/G ratio of 21.13 and a beta of 1.16. The firm’s 50 day moving average is $367.00 and its 200 day moving average is $314.86.

Wall Street Analysts Forecast Growth

CRWD has been the subject of several analyst reports. BMO Capital Markets increased their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Robert W. Baird reiterated a “neutral” rating and set a $430.00 target price (up from $390.00) on shares of CrowdStrike in a report on Monday, February 3rd. Morgan Stanley boosted their price target on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Rosenblatt Securities increased their price objective on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Finally, Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

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.