Robbins Farley Has $3.03 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Robbins Farley grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 145.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,849 shares of the company’s stock after purchasing an additional 5,240 shares during the quarter. Robbins Farley’s holdings in CrowdStrike were worth $3,028,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CRWD. Berbice Capital Management LLC bought a new position in CrowdStrike during the 4th quarter valued at $27,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike during the third quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the period. Tsfg LLC raised its stake in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the period. Finally, Castleview Partners LLC bought a new stake in CrowdStrike in the third quarter worth about $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $397.57 on Tuesday. The company has a market capitalization of $97.93 billion, a P/E ratio of 779.56, a PEG ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $411.30. 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 stock has a 50 day moving average price of $362.61 and a two-hundred day moving average price of $312.29.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was 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 approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This represents a 0.61 % 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 three months. 4.34% of the stock is owned by company insiders.

Analyst Ratings Changes

CRWD has been the subject of several research analyst reports. Morgan Stanley raised their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Citigroup lifted their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Oppenheimer boosted their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. BNP Paribas began coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 price objective for the company. Finally, Susquehanna boosted their target price on shares of CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

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.