Roxbury Financial LLC Makes New $882,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Roxbury Financial LLC purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,548 shares of the company’s stock, valued at approximately $882,000.

Several other hedge funds have also added to or reduced their stakes in CRWD. Creative Planning raised its stake in shares of CrowdStrike by 9.2% during the third quarter. Creative Planning now owns 173,349 shares of the company’s stock valued at $48,619,000 after acquiring an additional 14,609 shares during the last quarter. SPC Financial Inc. bought a new position in shares of CrowdStrike during the third quarter valued at about $209,000. Bfsg LLC raised its stake in shares of CrowdStrike by 138.7% during the third quarter. Bfsg LLC now owns 327 shares of the company’s stock valued at $92,000 after acquiring an additional 190 shares during the last quarter. Naviter Wealth LLC bought a new position in shares of CrowdStrike during the third quarter valued at about $310,000. Finally, Good Life Advisors LLC increased its position in shares of CrowdStrike by 223.9% during the third quarter. Good Life Advisors LLC now owns 3,543 shares of the company’s stock valued at $994,000 after buying an additional 2,449 shares during the period. 71.16% of the stock is owned by institutional investors.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 17,120 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the completion of the sale, the director now owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. This represents a 2.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 132,565 shares of company stock valued at $49,235,849. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Citigroup boosted their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, January 17th. The Goldman Sachs Group upped their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, December 24th. Needham & Company LLC upped their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Finally, Rosenblatt Securities increased their price target on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $376.00.

CrowdStrike Stock Performance

CRWD opened at $451.74 on Friday. The stock has a market capitalization of $111.27 billion, a price-to-earnings ratio of 885.78, a PEG ratio of 17.22 and a beta of 1.16. The company has a fifty day moving average of $374.98 and a 200 day moving average of $320.90. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $454.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

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.