CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4,147.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,967 shares of the company’s stock after acquiring an additional 39,026 shares during the period. Alpha Cubed Investments LLC’s holdings in CrowdStrike were worth $13,675,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new position in CrowdStrike in the 2nd quarter worth about $25,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike in the third quarter valued at approximately $28,000. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares during the period. Tsfg LLC lifted its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares in the last quarter. Finally, Castleview Partners LLC acquired a new stake in CrowdStrike in the 3rd quarter valued at $32,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 transaction of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. This trade represents a 3.91 % 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. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Trading Down 1.8 %

CRWD opened at $357.00 on Tuesday. The business has a fifty day moving average price of $356.16 and a 200 day moving average price of $311.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The stock has a market capitalization of $87.93 billion, a price-to-earnings ratio of 700.01, a PEG ratio of 18.99 and a beta of 1.14.

Analyst Ratings Changes

CRWD has been the subject of a number of research analyst reports. Oppenheimer upped their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Bank of America raised their price target on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. BNP Paribas assumed coverage on CrowdStrike in a research note on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price objective for the company. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research report on Wednesday, November 27th. Finally, Rosenblatt Securities boosted their price target on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $366.38.

CrowdStrike Company 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.