Lodestar Private Asset Management LLC Acquires Shares of 603 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Lodestar Private Asset Management LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, Holdings Channel.com reports. The firm acquired 603 shares of the company’s stock, valued at approximately $206,000.

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CRWD. JMP Securities reissued a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. JPMorgan Chase & Co. lifted their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Robert W. Baird restated a “neutral” rating and issued a $430.00 price objective (up previously from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. HSBC cut CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research report on Wednesday, November 27th. Finally, Susquehanna upped their target price on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $370.00.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total value of $2,577,437.50. Following the sale, the director now directly owns 805,592 shares in the company, valued at $332,218,084.88. This represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 111,565 shares of company stock valued at $39,898,614. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

CRWD opened at $421.59 on Friday. The stock’s 50 day simple moving average is $367.00 and its 200 day simple moving average is $314.86. The stock has a market cap of $103.84 billion, a P/E ratio of 826.66, a P/E/G ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $431.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.