621 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by Sivia Capital Partners LLC

Sivia Capital Partners LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 621 shares of the company’s stock, valued at approximately $212,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new stake in CrowdStrike during the 2nd quarter worth about $25,000. Fortitude Family Office LLC raised 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 worth $28,000 after acquiring an additional 44 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new stake in CrowdStrike during the second quarter worth approximately $33,000. Fairfield Financial Advisors LTD acquired a new position in CrowdStrike in the second quarter valued at approximately $38,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in CrowdStrike in the second quarter valued at approximately $38,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the transaction, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. This represents a 3.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the sale, the director now owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 110,351 shares of company stock worth $38,752,993. Corporate insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. KeyCorp increased their target price on shares of CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Bank of America upped their target price on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Piper Sandler lifted 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. Wedbush set a $330.00 price objective on CrowdStrike in a report on Thursday, October 17th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $365.88.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD traded down $9.07 on Monday, hitting $339.77. The company had a trading volume of 2,367,190 shares, compared to its average volume of 2,654,972. 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 company has a market cap of $83.69 billion, a PE ratio of 666.23, a PEG ratio of 19.48 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The business has a 50 day moving average of $352.17 and a 200 day moving average of $313.03.

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.