Atomi Financial Group Inc. Purchases 756 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Atomi Financial Group Inc. raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 48.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,331 shares of the company’s stock after purchasing an additional 756 shares during the quarter. Atomi Financial Group Inc.’s holdings in CrowdStrike were worth $798,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Alpha Cubed Investments LLC raised its holdings in shares of CrowdStrike by 4,147.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 39,967 shares of the company’s stock worth $13,675,000 after acquiring an additional 39,026 shares during the last quarter. Segment Wealth Management LLC increased its holdings in CrowdStrike by 33.3% during the 4th quarter. Segment Wealth Management LLC now owns 2,000 shares of the company’s stock worth $684,000 after purchasing an additional 500 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of CrowdStrike by 4.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 10,744 shares of the company’s stock worth $3,676,000 after purchasing an additional 471 shares during the last quarter. Reliant Investment Management LLC lifted its holdings in shares of CrowdStrike by 1.5% in the fourth quarter. Reliant Investment Management LLC now owns 18,443 shares of the company’s stock valued at $6,310,000 after purchasing an additional 265 shares in the last quarter. Finally, Pure Financial Advisors LLC purchased a new position in shares of CrowdStrike during the fourth quarter valued at approximately $229,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

CRWD stock opened at $377.98 on Thursday. The firm has a 50 day simple moving average of $356.61 and a two-hundred day simple moving average of $311.51. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market cap of $93.10 billion, a PE ratio of 741.15, a P/E/G ratio of 18.99 and a beta of 1.14. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 2,858 shares of CrowdStrike stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the transaction, the chief accounting officer now directly owns 38,201 shares of the company’s stock, valued at approximately $13,916,242.29. This trade represents a 6.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the completion of the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at $42,629,875.72. This trade represents a 3.74 % decrease in their position. 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 90 days. 4.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on CRWD. Susquehanna raised their price objective on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research note on Wednesday, November 27th. Jefferies Financial Group boosted their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Rosenblatt Securities increased 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. JMP Securities restated a “market outperform” rating and issued a $400.00 target price on shares of CrowdStrike in a research note on Monday, November 4th. Finally, Citigroup boosted their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $369.00.

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.