Perigon Wealth Management LLC Buys 1,251 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Perigon Wealth Management LLC increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,116 shares of the company’s stock after acquiring an additional 1,251 shares during the quarter. Perigon Wealth Management LLC’s holdings in CrowdStrike were worth $2,949,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of CRWD. Empirical Asset Management LLC bought a new stake in CrowdStrike in the 4th quarter valued at about $11,310,000. Beacon Financial Advisory LLC bought a new stake in CrowdStrike in the 3rd quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after purchasing an additional 78,305 shares during the period. Doliver Advisors LP boosted its holdings in CrowdStrike by 223.2% in the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock valued at $1,894,000 after purchasing an additional 4,664 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its holdings in CrowdStrike by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock valued at $124,644,000 after purchasing an additional 2,863 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares in the company, valued at approximately $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock valued at $38,935,113 over the last ninety days. 4.34% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CRWD has been the subject of a number of recent research reports. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a report on Monday, November 4th. KeyCorp upped their price target on shares of CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Barclays upped their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Finally, Royal Bank of Canada upped their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. One 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. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $369.00.

CrowdStrike Trading Down 2.8 %

NASDAQ:CRWD opened at $397.07 on Thursday. The firm has a market cap of $97.80 billion, a P/E ratio of 778.58, a P/E/G ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $411.30. The firm’s fifty day moving average is $360.37 and its 200-day moving average is $311.65. 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.