Cobblestone Capital Advisors LLC NY Increases Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Cobblestone Capital Advisors LLC NY lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,105 shares of the company’s stock after buying an additional 44 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in CrowdStrike were worth $378,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $27,000. Fortitude Family Office LLC grew its stake in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. increased its holdings in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in CrowdStrike in the 4th quarter valued at $34,000. Finally, Princeton Global Asset Management LLC lifted its stake in CrowdStrike by 240.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock worth $38,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This trade represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 106,565 shares of company stock valued at $40,570,629. Company insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

CRWD has been the topic of several research reports. CICC Research began coverage on CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 target price on the stock. Barclays lifted their price objective on CrowdStrike from $372.00 to $506.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Piper Sandler increased their target price on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Stifel Nicolaus boosted their price target on shares of CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. Finally, Cantor Fitzgerald increased their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $389.50.

CrowdStrike Stock Performance

CRWD stock opened at $389.66 on Friday. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The business has a 50-day moving average price of $386.94 and a 200 day moving average price of $335.50. The company has a market capitalization of $95.98 billion, a P/E ratio of 764.05, a PEG ratio of 17.86 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.