Smith Anglin Financial LLC Increases Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Smith Anglin Financial LLC boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.1% in the 4th quarter, Holdings Channel reports. The firm owned 2,067 shares of the company’s stock after purchasing an additional 63 shares during the period. Smith Anglin Financial LLC’s holdings in CrowdStrike were worth $707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the second quarter worth about $25,000. Fortitude Family Office LLC boosted its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new position in CrowdStrike during the second quarter worth $33,000. Strategic Investment Solutions Inc. IL purchased a new position in CrowdStrike in the second quarter worth $38,000. Finally, Oakworth Capital Inc. acquired a new stake in CrowdStrike in the third quarter valued at $28,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on CRWD shares. Rosenblatt Securities raised their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Wedbush set a $330.00 price objective on CrowdStrike in a research note on Thursday, October 17th. Robert W. Baird boosted their target price on CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Stifel Nicolaus lifted their price target on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, BNP Paribas initiated coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned 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 company has a consensus rating of “Moderate Buy” and an average target price of $365.88.

CrowdStrike Stock Performance

CRWD stock opened at $355.59 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The stock’s 50 day simple moving average is $353.83 and its 200 day simple moving average is $312.46. The firm has a market cap of $87.59 billion, a P/E ratio of 697.25, a P/E/G ratio of 19.75 and a beta of 1.11.

Insider Activity

In related news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares in the company, valued at $40,954,251.12. The trade was a 3.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 106,351 shares of company stock valued at $37,515,473. Company insiders own 4.34% of the company’s stock.

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.