33,055 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by Empirical Asset Management LLC

Empirical Asset Management LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 33,055 shares of the company’s stock, valued at approximately $11,310,000.

Several other large investors have also recently made changes to their positions in CRWD. State Street Corp grew its holdings in shares of CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock valued at $2,701,144,000 after purchasing an additional 275,717 shares during the last quarter. Jennison Associates LLC boosted its position in CrowdStrike by 25.0% during the third quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock valued at $1,421,646,000 after buying an additional 1,013,161 shares during the period. Geode Capital Management LLC grew its stake in shares of CrowdStrike by 2.0% during the third quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock valued at $1,367,505,000 after buying an additional 97,990 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of CrowdStrike by 3.0% in the second quarter. Legal & General Group Plc now owns 2,049,704 shares of the company’s stock worth $785,425,000 after buying an additional 60,607 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of CrowdStrike by 4.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company’s stock valued at $696,471,000 after acquiring an additional 77,100 shares during the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on CRWD. 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 report on Wednesday, November 27th. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a report on Wednesday, November 27th. Robert W. Baird upped their price target on shares of CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Truist Financial increased their price target on shares of CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. Finally, Rosenblatt Securities upped 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. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $365.88.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the transaction, the director now owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares in the company, valued at $139,655,968.83. This represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Up 0.4 %

NASDAQ:CRWD opened at $363.38 on Friday. The stock has a market cap of $89.50 billion, a price-to-earnings ratio of 712.52, a PEG ratio of 18.55 and a beta of 1.14. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company’s 50 day moving average price is $354.67 and its 200-day moving average price is $312.81. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33.

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.