RFG Advisory LLC Has $2.37 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

RFG Advisory LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,922 shares of the company’s stock after purchasing an additional 193 shares during the quarter. RFG Advisory LLC’s holdings in CrowdStrike were worth $2,368,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Empirical Asset Management LLC bought a new position in shares of CrowdStrike during the 4th quarter worth about $11,310,000. Beacon Financial Advisory LLC bought a new position in shares of CrowdStrike during the 3rd quarter worth about $955,000. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of CrowdStrike by 10.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after purchasing an additional 78,305 shares in the last quarter. Doliver Advisors LP boosted its position in shares of CrowdStrike by 223.2% during the 3rd quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its position in shares of CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $374.92 on Friday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-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 company has a market capitalization of $92.35 billion, a P/E ratio of 735.15, a P/E/G ratio of 20.07 and a beta of 1.14. The company has a fifty day moving average of $357.88 and a 200-day moving average of $312.43.

Analyst Ratings Changes

Several equities analysts recently weighed in on CRWD shares. Wedbush set a $330.00 price target on shares of CrowdStrike in a research report on Thursday, October 17th. The Goldman Sachs Group raised their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. Evercore ISI raised their price target on shares of CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, November 25th. Stifel Nicolaus raised their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $369.00.

Insider Transactions at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the sale, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,351 shares of company stock valued at $38,935,113. Insiders own 4.34% of the company’s stock.

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.