Simon Quick Advisors LLC Has $465,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Simon Quick Advisors LLC raised its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,358 shares of the company’s stock after purchasing an additional 181 shares during the quarter. Simon Quick Advisors LLC’s holdings in CrowdStrike were worth $465,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board acquired a new position in CrowdStrike in the 2nd quarter valued at about $3,447,000. Evergreen Capital Management LLC grew its position in shares of CrowdStrike by 8.7% in the second quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock valued at $364,000 after purchasing an additional 76 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in shares of CrowdStrike by 61.1% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 43,934 shares of the company’s stock worth $16,835,000 after purchasing an additional 16,658 shares during the period. Sfmg LLC lifted its holdings in CrowdStrike by 29.4% during the 2nd quarter. Sfmg LLC now owns 1,497 shares of the company’s stock worth $574,000 after purchasing an additional 340 shares during the last quarter. Finally, Insigneo Advisory Services LLC boosted its stake in CrowdStrike by 29.3% in the 2nd quarter. Insigneo Advisory Services LLC now owns 5,391 shares of the company’s stock valued at $2,066,000 after purchasing an additional 1,222 shares during the period. 71.16% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CRWD has been the subject of a number of research reports. Susquehanna lifted their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. Needham & Company LLC lifted their price objective on shares of CrowdStrike from $360.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Cantor Fitzgerald boosted their price objective on shares of CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Stifel Nicolaus raised their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, Robert W. Baird boosted their price target on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $369.00.

CrowdStrike Stock Up 3.2 %

Shares of NASDAQ CRWD opened at $377.98 on Thursday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $93.10 billion, a PE ratio of 741.15, a P/E/G ratio of 18.99 and a beta of 1.14. The company’s fifty day simple moving average is $356.61 and its 200 day simple moving average is $311.51. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33.

Insider Transactions at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares in the company, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now owns 120,298 shares of the company’s stock, valued at $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 have sold 110,351 shares of company stock valued at $38,935,113 in the last 90 days. 4.34% of the stock is currently owned by corporate insiders.

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.