Biltmore Family Office LLC Has $465,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Biltmore Family Office LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,359 shares of the company’s stock after acquiring an additional 50 shares during the period. Biltmore Family Office LLC’s holdings in CrowdStrike were worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike during the 4th quarter valued at about $27,000. Fortitude Family Office LLC lifted its stake in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. grew its position in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares in the last quarter. Luken Investment Analytics LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth $34,000. Finally, Crowley Wealth Management Inc. bought a new position in shares of CrowdStrike during the 4th quarter valued at $34,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 7,880 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $427.59, for a total transaction of $3,369,409.20. Following the transaction, the director now owns 797,712 shares in the company, valued at $341,093,674.08. This represents a 0.98 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated 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 sale, the insider now owns 98,214 shares of the company’s stock, 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 sold 114,551 shares of company stock worth $43,527,642 in the last quarter. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Up 2.5 %

Shares of NASDAQ CRWD opened at $371.49 on Thursday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The business has a fifty day moving average of $387.85 and a two-hundred day moving average of $351.03. The stock has a market cap of $92.08 billion, a PE ratio of 728.43, a PEG ratio of 17.86 and a beta of 1.19.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CRWD shares. Needham & Company LLC reiterated a “buy” rating and issued a $420.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. Mizuho upped their price target on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Piper Sandler set a $347.00 price objective on CrowdStrike in a research note on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Finally, Stephens assumed coverage on shares of CrowdStrike in a research report on Tuesday. They issued an “overweight” rating and a $450.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $400.88.

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.