O Shaughnessy Asset Management LLC Has $6.86 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

O Shaughnessy Asset Management LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,056 shares of the company’s stock after purchasing an additional 2,702 shares during the period. O Shaughnessy Asset Management LLC’s holdings in CrowdStrike were worth $6,862,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of research firms have recently weighed in on CRWD. Jefferies Financial Group dropped their target price on CrowdStrike from $425.00 to $410.00 and set a “buy” rating on the stock in a report on Monday. Rosenblatt Securities restated a “buy” rating and set a $450.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Bank of America upped their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Stephens initiated coverage on shares of CrowdStrike in a research report on Tuesday. They set an “overweight” rating and a $450.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $400.88.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $362.38 on Wednesday. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The firm has a market capitalization of $89.82 billion, a P/E ratio of 710.56, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The stock’s fifty day moving average is $387.98 and its two-hundred day moving average is $350.89. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insider Activity

In related news, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. This represents a 3.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the sale, the director now directly owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,801 shares of company stock valued at $42,092,255. 4.34% of the stock is currently owned by insiders.

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.