CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Boosted by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,927 shares of the company’s stock after buying an additional 383 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in CrowdStrike were worth $1,002,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Synergy Financial Group LTD grew its position in shares of CrowdStrike by 0.8% in the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares during the period. M3 Advisory Group LLC grew its position in shares of CrowdStrike by 2.8% in the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock valued at $407,000 after purchasing an additional 32 shares during the period. Meridian Financial Partners LLC grew its position in shares of 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 purchasing an additional 33 shares during the period. Sunpointe LLC grew its position in shares of CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares during the period. Finally, Hilltop Holdings Inc. grew its position in shares of CrowdStrike by 1.8% in the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock valued at $542,000 after purchasing an additional 34 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CRWD. Hsbc Global Res lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Oppenheimer boosted their price objective on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Jefferies Financial Group boosted their price objective on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Citigroup upped their price target on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Finally, Piper Sandler upped their price target on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $369.00.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the 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 sale, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Performance

CRWD opened at $408.68 on Wednesday. The firm has a market cap of $100.66 billion, a P/E ratio of 801.35, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $411.30. 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 business’s fifty day moving average is $359.26 and its 200-day moving average is $311.39.

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.