Pine Valley Investments Ltd Liability Co Purchases 236 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Pine Valley Investments Ltd Liability Co lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.5% during the third quarter, HoldingsChannel reports. The firm owned 3,865 shares of the company’s stock after buying an additional 236 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in CrowdStrike were worth $1,084,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CRWD. Tri Ri Asset Management Corp bought a new stake in shares of CrowdStrike in the third quarter worth about $5,456,000. SOA Wealth Advisors LLC. increased its stake in CrowdStrike by 25.5% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 241 shares of the company’s stock worth $68,000 after purchasing an additional 49 shares in the last quarter. Westside Investment Management Inc. raised its holdings in CrowdStrike by 44.7% during the 3rd quarter. Westside Investment Management Inc. now owns 4,988 shares of the company’s stock worth $1,397,000 after buying an additional 1,542 shares during the period. Advisory Resource Group lifted its stake in CrowdStrike by 37.9% in the third quarter. Advisory Resource Group now owns 4,025 shares of the company’s stock valued at $1,129,000 after buying an additional 1,106 shares in the last quarter. Finally, Second Line Capital LLC boosted its holdings in shares of CrowdStrike by 28.4% in the third quarter. Second Line Capital LLC now owns 972 shares of the company’s stock valued at $273,000 after buying an additional 215 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 1,683 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at approximately $11,582,623.36. This represents a 4.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Michael Sentonas sold 10,776 shares of CrowdStrike stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $3,203,489.28. Following the transaction, the president now owns 400,390 shares in the company, valued at approximately $119,027,939.20. This trade represents a 2.62 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 144,498 shares of company stock worth $45,116,385 in the last 90 days. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $365.50 on Friday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The stock has a market cap of $90.03 billion, a PE ratio of 716.68, a PEG ratio of 19.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The firm’s fifty day moving average price is $329.10 and its two-hundred day moving average price is $314.07.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CRWD. UBS Group cut their price objective on shares of CrowdStrike from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Citigroup lifted their target price on CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Cantor Fitzgerald increased their price target on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a $330.00 price target on shares of CrowdStrike in a research report on Monday, September 30th. Finally, JMP Securities reiterated a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $355.80.

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.