Choreo LLC Acquires 171 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Choreo LLC boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,726 shares of the company’s stock after purchasing an additional 171 shares during the quarter. Choreo LLC’s holdings in CrowdStrike were worth $441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. CVA Family Office LLC purchased a new position in CrowdStrike in the fourth quarter worth about $26,000. Silver Oak Securities Incorporated bought a new position in CrowdStrike in the 3rd quarter valued at approximately $27,000. Bear Mountain Capital Inc. purchased a new stake in CrowdStrike during the 4th quarter valued at $27,000. Gradient Investments LLC increased its holdings in shares of CrowdStrike by 1,818.2% in the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. purchased a new position in shares of CrowdStrike in the fourth quarter worth $36,000. Institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Kurtz sold 78,080 shares of CrowdStrike stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the transaction, the chief executive officer now directly owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The disclosure for this sale can be found here. Insiders have sold a total of 223,544 shares of company stock worth $72,113,932 in the last three months. Insiders own 5.68% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on CRWD shares. Stifel Nicolaus increased their price objective on CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. BMO Capital Markets lifted their price target on shares of CrowdStrike from $332.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. Jefferies Financial Group boosted their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Royal Bank of Canada raised their target price on shares of CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Finally, Oppenheimer boosted their target price on shares of CrowdStrike from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $371.87.

CrowdStrike Price Performance

Shares of CrowdStrike stock opened at $303.54 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The stock has a 50 day moving average of $313.50 and a 200 day moving average of $271.26. The firm has a market cap of $73.42 billion, a PE ratio of 843.19, a PEG ratio of 11.70 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last posted its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The firm had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. On average, research analysts expect that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current fiscal year.

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.