Sachetta LLC Has $49,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sachetta LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 138.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 143 shares of the company’s stock after acquiring an additional 83 shares during the period. Sachetta LLC’s holdings in CrowdStrike were worth $49,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CRWD. Synergy Financial Group LTD lifted its stake in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after buying an additional 30 shares in the last quarter. Meridian Financial Partners LLC lifted its position in CrowdStrike by 0.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after acquiring an additional 33 shares in the last quarter. Sunpointe LLC boosted its stake in CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after purchasing an additional 34 shares during the period. Hilltop Holdings Inc. increased its holdings in CrowdStrike by 1.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after purchasing an additional 34 shares in the last quarter. Finally, Interchange Capital Partners LLC raised its stake in shares of CrowdStrike by 1.1% in the 3rd quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock valued at $1,036,000 after purchasing an additional 39 shares during the period. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CRWD. Barclays upped their price objective on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Stifel Nicolaus upped their price target on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Wells Fargo & Company lifted their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research report on Thursday, October 17th. Finally, BNP Paribas assumed coverage on shares of CrowdStrike in a research report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 target price for the company. One equities 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 issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $369.00.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were 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 owns 98,214 shares in the company, valued at $34,857,130.74. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the completion of the transaction, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock worth $38,935,113 in the last three months. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 0.7 %

Shares of NASDAQ CRWD opened at $374.92 on Friday. The company has a market cap of $92.35 billion, a price-to-earnings ratio of 735.15, a PEG ratio of 20.07 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. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The stock has a 50-day moving average price of $357.88 and a two-hundred day moving average price of $312.43.

CrowdStrike 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.