2,200 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, Holdings Channel reports. The fund acquired 2,200 shares of the company’s stock, valued at approximately $562,000.

A number of other large investors also recently bought and sold shares of the business. Cigna Investments Inc. New increased its position in shares of CrowdStrike by 1.7% during the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after purchasing an additional 38 shares in the last quarter. Quent Capital LLC increased its position in shares of CrowdStrike by 48.5% during the fourth quarter. Quent Capital LLC now owns 147 shares of the company’s stock worth $38,000 after purchasing an additional 48 shares in the last quarter. Advisory Resource Group increased its position in shares of CrowdStrike by 0.7% during the third quarter. Advisory Resource Group now owns 6,670 shares of the company’s stock worth $1,116,000 after purchasing an additional 49 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its holdings in shares of CrowdStrike by 23.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 254 shares of the company’s stock valued at $65,000 after buying an additional 49 shares during the last quarter. Finally, Modus Advisors LLC grew its holdings in shares of CrowdStrike by 1.7% during the fourth quarter. Modus Advisors LLC now owns 2,950 shares of the company’s stock valued at $753,000 after buying an additional 50 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CRWD shares. Scotiabank boosted their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 6th. Stifel Nicolaus boosted their price objective on shares of CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Wedbush boosted their price objective on shares of CrowdStrike from $278.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, March 5th. Morgan Stanley upped their price target on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. Finally, Robert W. Baird upped their price target on shares of CrowdStrike from $281.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the stock. According to data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $371.87.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 18,747 shares of CrowdStrike stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $6,107,772.60. Following the transaction, the president now directly owns 382,958 shares in the company, valued at $124,767,716.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, President Michael Sentonas sold 18,747 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $6,107,772.60. Following the sale, the president now owns 382,958 shares of the company’s stock, valued at $124,767,716.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,786 shares of CrowdStrike stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $331.52, for a total transaction of $592,094.72. Following the completion of the sale, the chief accounting officer now directly owns 34,350 shares in the company, valued at approximately $11,387,712. The disclosure for this sale can be found here. Over the last three months, insiders have sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is owned by company insiders.

CrowdStrike Stock Up 2.0 %

Shares of CRWD traded up $6.05 during midday trading on Friday, reaching $304.07. The stock had a trading volume of 2,007,839 shares, compared to its average volume of 2,018,688. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The company’s fifty day simple moving average is $314.71 and its two-hundred day simple moving average is $268.13. The company has a market cap of $73.55 billion, a price-to-earnings ratio of 844.66, a PEG ratio of 11.92 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The firm had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. Equities research analysts expect that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

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.