Mather Group LLC. Purchases 161 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mather Group LLC. boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 32.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 657 shares of the company’s stock after purchasing an additional 161 shares during the period. Mather Group LLC.’s holdings in CrowdStrike were worth $225,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $27,000. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike in the third quarter valued at approximately $28,000. Fortitude Family Office LLC raised its holdings in CrowdStrike by 112.8% during the 4th 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 period. Tsfg LLC lifted its holdings in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares in the last quarter. Finally, Castleview Partners LLC purchased a new position in shares of CrowdStrike during the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 18,071 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the completion of the transaction, the chief executive officer now owns 2,159,935 shares in the company, valued at $776,928,619.50. This represents a 0.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 111,565 shares of company stock valued at $39,898,614 over the last three months. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research analyst reports. Jefferies Financial Group increased their price target on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. JMP Securities restated a “market outperform” rating and issued a $400.00 target price on shares of CrowdStrike in a report on Monday, November 4th. BMO Capital Markets increased their price objective on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Morgan Stanley lifted their target price on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, Piper Sandler increased their price objective on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $370.00.

CrowdStrike Stock Up 0.8 %

Shares of NASDAQ:CRWD opened at $420.51 on Friday. The stock has a 50-day simple moving average of $365.55 and a 200-day simple moving average of $314.12. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $421.63. 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 market capitalization of $103.58 billion, a P/E ratio of 824.55, a PEG ratio of 21.13 and a beta of 1.16.

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.