IRON Financial LLC Acquires 78 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

IRON Financial LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,852 shares of the company’s stock after acquiring an additional 78 shares during the period. IRON Financial LLC’s holdings in CrowdStrike were worth $976,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CRWD. Berbice Capital Management LLC bought a new position in CrowdStrike during the 4th quarter worth $27,000. Fortitude Family Office LLC raised its position in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of CrowdStrike in the second quarter worth approximately $38,000. Oakworth Capital Inc. acquired a new position in shares of CrowdStrike in the 3rd quarter worth approximately $28,000. Finally, Tsfg LLC increased its position in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the sale, the director now directly owns 816,730 shares of the company’s stock, valued at $261,745,630.40. The trade was a 0.61 % 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 valued at $38,935,113 over the last three months. 4.34% of the stock is owned by company insiders.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $373.75 on Tuesday. The company has a market capitalization of $92.06 billion, a P/E ratio of 732.86, a PEG ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. 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 stock has a 50 day moving average price of $358.65 and a two-hundred day moving average price of $311.37.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Cantor Fitzgerald increased their price target on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. JPMorgan Chase & Co. lifted their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Canaccord Genuity Group restated a “buy” rating and set a $330.00 price target on shares of CrowdStrike in a report on Monday, September 30th. Bank of America lifted their price objective 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. Finally, Morgan Stanley increased their target price on shares of CrowdStrike from $325.00 to $355.00 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 assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $369.00.

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.