Kera Capital Partners Inc. Makes New $287,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Kera Capital Partners Inc. purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 839 shares of the company’s stock, valued at approximately $287,000.

Several other large investors also recently made changes to their positions in CRWD. Massachusetts Financial Services Co. MA lifted its stake in shares of CrowdStrike by 18.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,532 shares of the company’s stock worth $1,737,000 after buying an additional 691 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in CrowdStrike by 54.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 286,183 shares of the company’s stock worth $109,670,000 after acquiring an additional 101,079 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in CrowdStrike by 35.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 16,186 shares of the company’s stock worth $6,294,000 after acquiring an additional 4,222 shares during the period. Bridges Investment Management Inc. acquired a new position in CrowdStrike during the 2nd quarter worth $285,000. Finally, ASB Consultores LLC bought a new stake in CrowdStrike during the second quarter valued at about $202,000. Institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shawn Henry sold 4,000 shares of the company’s 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 completion of the sale, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,351 shares of company stock valued at $38,935,113. Insiders own 4.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their price objective on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. CICC Research initiated coverage on CrowdStrike in a research report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective for the company. Piper Sandler boosted their target price on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Bank of America increased their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Finally, Susquehanna boosted their price objective on shares of CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $366.38.

CrowdStrike Trading Down 1.8 %

NASDAQ CRWD opened at $357.00 on Friday. The company has a market capitalization of $87.93 billion, a PE ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14. The stock has a 50-day simple moving average of $355.86 and a 200 day simple moving average of $312.92. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33.

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.