Barrett & Company Inc. boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 16.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,750 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Barrett & Company Inc.’s holdings in CrowdStrike were worth $599,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC acquired a new stake in CrowdStrike in the 4th quarter valued at approximately $27,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike in the 3rd quarter valued at approximately $28,000. Fortitude Family Office LLC increased its position in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Tsfg LLC increased its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the period. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike during the 3rd quarter valued at $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at CrowdStrike
In other news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the transaction, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the completion of the transaction, the director now owns 805,592 shares in the company, valued at $332,218,084.88. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 111,565 shares of company stock worth $39,898,614. Company insiders own 4.34% of the company’s stock.
CrowdStrike Trading Up 0.8 %
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Piper Sandler lifted their price target on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Bank of America lifted their price target on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Morgan Stanley lifted their price target on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Wedbush set a $330.00 target price on CrowdStrike in a report on Thursday, October 17th. Finally, Susquehanna lifted their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and an average target price of $370.00.
Check Out Our Latest Stock Report on CRWD
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.
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