Secure Asset Management LLC Purchases 896 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Secure Asset Management LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,388 shares of the company’s stock after purchasing an additional 896 shares during the quarter. Secure Asset Management LLC’s holdings in CrowdStrike were worth $2,528,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Public Sector Pension Investment Board purchased a new position in CrowdStrike in the second quarter worth about $3,447,000. Evergreen Capital Management LLC boosted its stake in CrowdStrike by 8.7% during the 2nd quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock valued at $364,000 after purchasing an additional 76 shares during the last quarter. Fred Alger Management LLC raised its stake in shares of CrowdStrike by 15.2% in the second quarter. Fred Alger Management LLC now owns 53,494 shares of the company’s stock worth $20,498,000 after purchasing an additional 7,059 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of CrowdStrike by 231.3% during the second quarter. Toronto Dominion Bank now owns 79,722 shares of the company’s stock valued at $30,549,000 after purchasing an additional 55,658 shares in the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of CrowdStrike during the second quarter valued at $25,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on CRWD shares. BMO Capital Markets raised their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Stifel Nicolaus boosted their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Royal Bank of Canada lifted their price objective on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. BNP Paribas assumed coverage on CrowdStrike in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 target price on the stock. Finally, Evercore ISI raised their price objective on shares of CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $369.00.

CrowdStrike Trading Down 0.1 %

CRWD opened at $377.70 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The firm has a market cap of $93.03 billion, a P/E ratio of 740.60, a P/E/G ratio of 19.49 and a beta of 1.14. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average of $357.22 and a 200 day moving average of $311.97.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This trade represents a 0.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is currently owned by company insiders.

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.