Mezzasalma Advisors LLC Has $2.50 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mezzasalma Advisors LLC raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,296 shares of the company’s stock after acquiring an additional 182 shares during the quarter. CrowdStrike comprises 0.8% of Mezzasalma Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. Mezzasalma Advisors LLC’s holdings in CrowdStrike were worth $2,496,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Synergy Financial Group LTD boosted its holdings in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after buying an additional 30 shares in the last quarter. M3 Advisory Group LLC boosted its stake in CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares in the last quarter. Meridian Financial Partners LLC grew its holdings in CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after purchasing an additional 33 shares during the period. First Affirmative Financial Network increased its stake in CrowdStrike by 4.2% in the fourth quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock valued at $278,000 after purchasing an additional 33 shares in the last quarter. Finally, Sunpointe LLC raised its holdings in shares of CrowdStrike by 3.1% during the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares during the period. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

CRWD opened at $421.59 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $103.84 billion, a P/E ratio of 826.66, a PEG ratio of 21.13 and a beta of 1.16. The stock has a 50-day moving average price of $367.00 and a 200-day moving average price of $314.86. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $431.33.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. CICC Research initiated coverage on CrowdStrike in a research report on Monday, November 18th. They issued a “market perform” rating and a $295.00 target price for the company. Morgan Stanley boosted their price objective on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Scotiabank increased their target price on CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 21st. JMP Securities restated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research note on Monday, November 4th. Finally, Royal Bank of Canada lifted their price objective on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average price target of $370.00.

Insiders Place Their Bets

In other CrowdStrike news, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the sale, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This trade represents a 41.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider now directly owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 111,565 shares of company stock valued at $39,898,614 over the last quarter. 4.34% of the stock is owned by corporate insiders.

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.