Gunderson Capital Management Inc. Takes $7.62 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Gunderson Capital Management Inc. acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,280 shares of the company’s stock, valued at approximately $7,623,000. CrowdStrike accounts for approximately 3.7% of Gunderson Capital Management Inc.’s investment portfolio, making the stock its 12th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synergy Financial Group LTD increased its holdings in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares during the last quarter. Sunpointe LLC increased its stake in shares of CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after acquiring an additional 34 shares during the last quarter. Hilltop Holdings Inc. raised its position in shares of CrowdStrike by 1.8% in the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock valued at $542,000 after acquiring an additional 34 shares during the period. Interchange Capital Partners LLC boosted its stake in CrowdStrike by 1.1% during the 3rd quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock worth $1,036,000 after acquiring an additional 39 shares during the last quarter. Finally, JFS Wealth Advisors LLC grew its holdings in CrowdStrike by 9.1% during the third quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock valued at $134,000 after purchasing an additional 40 shares during the period. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Down 2.1 %

CRWD stock opened at $341.46 on Tuesday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The stock has a market cap of $84.11 billion, a price-to-earnings ratio of 669.54, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14. The company has a fifty day moving average price of $353.02 and a two-hundred day moving average price of $312.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Rosenblatt Securities lifted their target price on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Robert W. Baird increased their price target on CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Wedbush set a $330.00 price objective on CrowdStrike in a report on Thursday, October 17th. Finally, Susquehanna increased their target price on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” 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 given a strong buy rating to the company. According to MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $365.88.

Insider Buying and Selling at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction dated 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 approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the sale, the director now directly owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 106,351 shares of company stock valued at $37,515,473 in the last three months. 4.34% of the stock is currently owned by company insiders.

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.