Yarbrough Capital LLC Acquires 1,450 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Yarbrough Capital LLC increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 24.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,333 shares of the company’s stock after buying an additional 1,450 shares during the quarter. Yarbrough Capital LLC’s holdings in CrowdStrike were worth $2,509,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. StoneCrest Wealth Management Inc. grew its stake in shares of CrowdStrike by 2.8% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 6,136 shares of the company’s stock worth $2,099,000 after acquiring an additional 168 shares during the period. Empirical Asset Management LLC purchased a new stake in CrowdStrike in the fourth quarter worth approximately $11,310,000. Cypress Wealth Services LLC bought a new stake in CrowdStrike in the 4th quarter worth approximately $202,000. Capital Advisors Wealth Management LLC raised its stake in CrowdStrike by 5.9% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 4,559 shares of the company’s stock valued at $1,560,000 after buying an additional 255 shares during the last quarter. Finally, Retireful LLC bought a new position in shares of CrowdStrike during the 4th quarter valued at $559,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

CrowdStrike stock opened at $363.38 on Friday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. 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’s fifty day moving average is $354.67 and its 200 day moving average is $312.81. The company has a market cap of $89.50 billion, a price-to-earnings ratio of 712.52, a PEG ratio of 18.55 and a beta of 1.14.

Insider Transactions at CrowdStrike

In other news, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the transaction, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. The trade was a 3.91 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock worth $38,935,113 in the last three months. Insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Hsbc Global Res lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Wedbush set a $330.00 price target on shares of CrowdStrike in a research report on Thursday, October 17th. Citigroup increased their price objective on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price for the company. in a research report on Wednesday, November 27th. Finally, Barclays lifted their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $365.88.

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.