4,846 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Cache Advisors LLC

Cache Advisors LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, Holdings Channel reports. The fund acquired 4,846 shares of the company’s stock, valued at approximately $1,658,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Primoris Wealth Advisors LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $2,166,000. Arcadia Investment Management Corp MI boosted its position in CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after buying an additional 2,814 shares in the last quarter. Greenleaf Trust grew its stake in shares of CrowdStrike by 53.4% during the fourth quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after buying an additional 1,033 shares during the last quarter. Trifecta Capital Advisors LLC increased its holdings in shares of CrowdStrike by 2,140.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after buying an additional 8,561 shares in the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of CrowdStrike by 42.6% in the 4th quarter. Fifth Third Bancorp now owns 44,609 shares of the company’s stock valued at $15,263,000 after acquiring an additional 13,323 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the completion of the sale, the insider now owns 89,714 shares in the company, valued at $31,669,042. This represents a 4.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gerhard Watzinger sold 10,000 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $449.00, for a total transaction of $4,490,000.00. Following the completion of the sale, the director now owns 49,500 shares of the company’s stock, valued at approximately $22,225,500. This represents a 16.81% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 185,431 shares of company stock valued at $74,472,548. 3.32% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group restated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. BMO Capital Markets boosted their price target on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a research report on Thursday, May 8th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $403.83.

CrowdStrike Stock Up 2.6%

CRWD stock opened at $455.59 on Friday. The firm has a market capitalization of $112.93 billion, a PE ratio of 893.33, a P/E/G ratio of 17.86 and a beta of 1.22. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $459.93. The stock’s 50 day moving average is $395.04 and its 200-day moving average is $379.13.

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.