CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Cooper Financial Group

Cooper Financial Group lifted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 17.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,356 shares of the company’s stock after purchasing an additional 348 shares during the period. Cooper Financial Group’s holdings in CrowdStrike were worth $806,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beacon Financial Advisory LLC purchased a new stake in shares of CrowdStrike during the third quarter worth approximately $955,000. Sumitomo Mitsui Trust Group Inc. increased its position in shares of CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after purchasing an additional 78,305 shares during the last quarter. Doliver Advisors LP raised its holdings in shares of CrowdStrike by 223.2% in the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock valued at $1,894,000 after purchasing an additional 4,664 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of CrowdStrike by 0.7% during the third quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares in the last quarter. Finally, Hemenway Trust Co LLC increased its holdings in CrowdStrike by 356.8% in the third quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after buying an additional 5,352 shares during the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CRWD. Oppenheimer upped their price objective on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $330.00 price target on shares of CrowdStrike in a report on Monday, September 30th. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Rosenblatt Securities upped their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Finally, BMO Capital Markets lifted their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $365.88.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 2,858 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $364.29, for a total value of $1,041,140.82. Following the sale, the chief accounting officer now directly owns 38,201 shares in the company, valued at $13,916,242.29. The trade was a 6.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the transaction, the director now owns 816,730 shares of the company’s stock, valued at $261,745,630.40. This trade represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 106,351 shares of company stock valued at $37,515,473. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $341.46 on Tuesday. The company has a market capitalization of $84.11 billion, a PE ratio of 669.54, a P/E/G ratio of 19.48 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The company has a 50-day simple moving average of $353.02 and a 200-day simple moving average of $312.71. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.