Fulton Breakefield Broenniman LLC Invests $219,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fulton Breakefield Broenniman LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 640 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Moody Aldrich Partners LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth approximately $331,000. Gateway Wealth Partners LLC raised its stake in shares of CrowdStrike by 27.0% in the fourth quarter. Gateway Wealth Partners LLC now owns 918 shares of the company’s stock valued at $314,000 after buying an additional 195 shares during the period. Kennedy Investment Group lifted its position in shares of CrowdStrike by 9.7% during the 4th quarter. Kennedy Investment Group now owns 3,381 shares of the company’s stock valued at $1,157,000 after buying an additional 300 shares during the last quarter. Prospect Financial Services LLC grew its stake in shares of CrowdStrike by 12.1% during the 4th quarter. Prospect Financial Services LLC now owns 2,216 shares of the company’s stock worth $758,000 after acquiring an additional 240 shares during the period. Finally, Perigon Wealth Management LLC increased its holdings in CrowdStrike by 18.2% in the 4th quarter. Perigon Wealth Management LLC now owns 8,116 shares of the company’s stock worth $2,949,000 after acquiring an additional 1,251 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $368.14, for a total transaction of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,351 shares of company stock worth $38,935,113. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Up 9.3 %

CRWD opened at $408.68 on Wednesday. The firm’s 50 day simple moving average is $359.26 and its two-hundred day simple moving average is $311.39. The company has a market capitalization of $100.66 billion, a PE ratio of 801.35, a PEG ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $411.30. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Wells Fargo & Company increased their price objective on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Susquehanna upped their price target on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research report on Wednesday, November 27th. Bank of America raised their price objective on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Finally, Scotiabank increased their target price on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike currently has an average 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.