CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Disciplined Equity Management Inc.

Disciplined Equity Management Inc. increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,510 shares of the company’s stock after buying an additional 40 shares during the period. Disciplined Equity Management Inc.’s holdings in CrowdStrike were worth $859,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board purchased a new position in shares of CrowdStrike during the 2nd quarter worth approximately $3,447,000. Evergreen Capital Management LLC grew its holdings in shares of CrowdStrike by 8.7% in the second quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock valued at $364,000 after purchasing an additional 76 shares in the last quarter. Fred Alger Management LLC lifted its holdings in CrowdStrike by 15.2% during the 2nd quarter. Fred Alger Management LLC now owns 53,494 shares of the company’s stock worth $20,498,000 after buying an additional 7,059 shares in the last quarter. Toronto Dominion Bank boosted its position in CrowdStrike by 231.3% in the 2nd quarter. Toronto Dominion Bank now owns 79,722 shares of the company’s stock valued at $30,549,000 after buying an additional 55,658 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of CrowdStrike in the second quarter worth $25,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Up 0.8 %

CRWD stock opened at $380.69 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a 50 day simple moving average of $357.88 and a 200-day simple moving average of $312.43. The company has a market capitalization of $93.77 billion, a P/E ratio of 747.05, a PEG ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33.

Insiders Place Their Bets

In other CrowdStrike news, CEO George Kurtz sold 18,071 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the completion of the transaction, the chief executive officer now owns 2,159,935 shares of the company’s stock, valued at $776,928,619.50. The trade was a 0.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock valued at $38,935,113 in the last ninety days. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Scotiabank boosted their target price on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Bank of America raised their price target on CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Morgan Stanley upped their target price on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Wedbush set a $330.00 target price on shares of CrowdStrike in a research note on Thursday, October 17th. Finally, JMP Securities restated a “market outperform” rating and issued a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.00.

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.