Murphy & Mullick Capital Management Corp Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Murphy & Mullick Capital Management Corp acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 605 shares of the company’s stock, valued at approximately $207,000.

A number of other large investors have also made changes to their positions in CRWD. Fisher Asset Management LLC boosted its stake in shares of CrowdStrike by 17.9% during the 3rd quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock worth $626,000 after purchasing an additional 339 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in CrowdStrike by 101.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 254 shares of the company’s stock worth $71,000 after acquiring an additional 128 shares during the period. The Manufacturers Life Insurance Company raised its holdings in CrowdStrike by 19.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 159,034 shares of the company’s stock valued at $44,604,000 after acquiring an additional 25,774 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of CrowdStrike by 44.3% during the 3rd quarter. D.A. Davidson & CO. now owns 36,858 shares of the company’s stock worth $10,338,000 after purchasing an additional 11,310 shares during the period. Finally, Brooklyn Investment Group boosted its holdings in shares of CrowdStrike by 13.1% during the third quarter. Brooklyn Investment Group now owns 1,549 shares of the company’s stock worth $434,000 after purchasing an additional 179 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $371.41 on Thursday. 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 company has a market capitalization of $92.06 billion, a price-to-earnings ratio of 728.27, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The business has a 50 day simple moving average of $388.08 and a 200-day simple moving average of $347.22.

Insiders Place Their Bets

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO George Kurtz sold 22,449 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.68, for a total value of $8,052,007.32. Following the transaction, the chief executive officer now owns 2,178,452 shares of the company’s stock, valued at $781,367,163.36. This represents a 1.02 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,801 shares of company stock valued at $42,092,255. Company insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of several recent analyst reports. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Jefferies Financial Group cut their price objective 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. HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price for the company. in a report on Wednesday, November 27th. Mizuho increased their price target on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $400.26.

CrowdStrike Company 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.