Congress Park Capital LLC Has $880,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Congress Park Capital LLC decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 27.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,745 shares of the company’s stock after selling 1,015 shares during the period. Congress Park Capital LLC’s holdings in CrowdStrike were worth $880,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. CVA Family Office LLC bought a new stake in CrowdStrike in the fourth quarter worth approximately $26,000. Hexagon Capital Partners LLC acquired a new position in CrowdStrike during the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated acquired a new position in CrowdStrike during the third quarter worth $27,000. Bear Mountain Capital Inc. acquired a new stake in shares of CrowdStrike in the 4th quarter worth about $27,000. Finally, Johnson Financial Group Inc. bought a new position in shares of CrowdStrike in the fourth quarter valued at approximately $31,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD traded down $3.14 during mid-day trading on Friday, hitting $384.15. The company’s stock had a trading volume of 1,650,326 shares, compared to its average volume of 4,138,610. The firm has a 50-day simple moving average of $337.67 and a 200 day simple moving average of $312.01. CrowdStrike Holdings, Inc. has a 1-year low of $139.37 and a 1-year high of $394.64. The firm has a market capitalization of $93.49 billion, a P/E ratio of 737.47, a P/E/G ratio of 19.04 and a beta of 1.08. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 8,077 shares of the business’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $374.99, for a total transaction of $3,028,794.23. Following the sale, the insider now directly owns 187,091 shares in the company, valued at $70,157,254.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 8,077 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $374.99, for a total transaction of $3,028,794.23. Following the sale, the insider now directly owns 187,091 shares of the company’s stock, valued at approximately $70,157,254.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 64,000 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $316.48, for a total value of $20,254,720.00. Following the transaction, the chief financial officer now owns 306,508 shares in the company, valued at $97,003,651.84. The disclosure for this sale can be found here. Insiders have sold a total of 273,675 shares of company stock valued at $92,085,172 in the last ninety days. 4.34% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Guggenheim reissued a “buy” rating and issued a $424.00 price objective on shares of CrowdStrike in a research report on Tuesday. Oppenheimer upped their price objective on CrowdStrike from $355.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, June 5th. Macquarie reaffirmed an “outperform” rating and set a $370.00 price objective on shares of CrowdStrike in a report on Tuesday, March 19th. Mizuho decreased their price objective on CrowdStrike from $390.00 to $370.00 and set a “buy” rating on the stock in a research note on Wednesday, June 5th. Finally, DA Davidson cut their price target on shares of CrowdStrike from $425.00 to $380.00 and set a “buy” rating for the company in a report on Wednesday, June 5th. One analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike currently has a consensus rating of “Buy” and a consensus price target of $380.62.

CrowdStrike 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.