Machina Capital S.A.S. Invests $304,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Machina Capital S.A.S. acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 888 shares of the company’s stock, valued at approximately $304,000.

Other large investors also recently modified their holdings of the company. RKL Wealth Management LLC raised its holdings in shares of CrowdStrike by 2.6% in the 4th quarter. RKL Wealth Management LLC now owns 8,402 shares of the company’s stock valued at $2,875,000 after purchasing an additional 211 shares during the period. West Family Investments Inc. bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $230,000. Ashton Thomas Private Wealth LLC raised its holdings in CrowdStrike by 9.7% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 12,489 shares of the company’s stock valued at $4,273,000 after acquiring an additional 1,103 shares during the period. Callan Family Office LLC bought a new position in CrowdStrike in the 4th quarter valued at about $2,326,000. Finally, E Fund Management Co. Ltd. raised its holdings in CrowdStrike by 38.9% in the 4th quarter. E Fund Management Co. Ltd. now owns 7,598 shares of the company’s stock valued at $2,600,000 after acquiring an additional 2,126 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider now owns 94,214 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’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 directly owns 41,059 shares of the company’s stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,315 shares of company stock valued at $38,387,254. Insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on CRWD. Needham & Company LLC reissued a “buy” rating and issued a $420.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. Wells Fargo & Company increased their price target on shares of CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a report on Wednesday, March 5th. Robert W. Baird lowered their price target on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a report on Wednesday, March 5th. Jefferies Financial Group lowered their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Finally, DA Davidson increased their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $400.10.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $333.50 on Monday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $82.14 billion, a P/E ratio of 653.93, a P/E/G ratio of 17.86 and a beta of 1.19. The company’s 50 day moving average price is $387.07 and its two-hundred day moving average price is $339.51.

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.