Signaturefd LLC Acquires 98 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Signaturefd LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,490 shares of the company’s stock after purchasing an additional 98 shares during the quarter. Signaturefd LLC’s holdings in CrowdStrike were worth $1,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike during the fourth quarter valued at $27,000. Fortitude Family Office LLC lifted its holdings in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. FPC Investment Advisory Inc. lifted its holdings in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the period. Luken Investment Analytics LLC bought a new position in CrowdStrike in the fourth quarter valued at about $34,000. Finally, Legacy Bridge LLC lifted its holdings in CrowdStrike by 976.9% in the third quarter. Legacy Bridge LLC now owns 140 shares of the company’s stock valued at $39,000 after acquiring an additional 127 shares during the period. 71.16% of the stock is owned by institutional investors.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the completion of the transaction, the insider now owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Michael Sentonas sold 10,801 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,315 shares of company stock worth $38,319,124 in the last quarter. 4.34% of the stock is owned by company insiders.

Analyst Ratings Changes

CRWD has been the topic of a number of recent research reports. Barclays lowered their target price on CrowdStrike from $506.00 to $475.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. KeyCorp lowered their target price on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Oppenheimer raised their price objective on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. DA Davidson raised their price objective on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Finally, Canaccord Genuity Group raised their price objective on CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $398.78.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $364.83 on Tuesday. The stock has a 50 day moving average price of $385.67 and a 200-day moving average price of $342.51. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $89.86 billion, a price-to-earnings ratio of 715.37, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

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.