Boston Family Office LLC Acquires 107 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Boston Family Office LLC raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.7% during the fourth quarter, Holdings Channel reports. The firm owned 2,385 shares of the company’s stock after buying an additional 107 shares during the quarter. Boston Family Office LLC’s holdings in CrowdStrike were worth $816,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CRWD. Berbice Capital Management LLC purchased a new position in shares of CrowdStrike in the 4th quarter valued at approximately $27,000. FPC Investment Advisory Inc. lifted its position in CrowdStrike by 811.1% during 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 during the period. Fortitude Family Office LLC boosted its holdings in shares of 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 buying an additional 44 shares in the last quarter. Crowley Wealth Management Inc. purchased a new stake in shares of CrowdStrike in the 4th quarter worth about $34,000. Finally, Luken Investment Analytics LLC bought a new position in shares of CrowdStrike in the 4th quarter worth about $34,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Trading Up 2.8 %

Shares of CRWD stock opened at $362.38 on Wednesday. The stock has a fifty day simple moving average of $387.98 and a two-hundred day simple moving average of $350.89. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The firm has a market capitalization of $89.82 billion, a PE ratio of 710.56, a PEG ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CRWD shares. Evercore ISI boosted their price objective on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Canaccord Genuity Group upped their price target on CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. The Goldman Sachs Group reiterated a “buy” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Rosenblatt Securities reissued a “buy” rating and issued a $450.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Jefferies Financial Group lowered their price target on CrowdStrike from $425.00 to $410.00 and set a “buy” rating for the company in a research report on Monday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $400.88.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 2,547 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $365.96, for a total transaction of $932,100.12. Following the completion of the sale, the insider now directly owns 82,071 shares of the company’s stock, valued at $30,034,703.16. This trade represents a 3.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the business’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 110,801 shares of company stock worth $42,092,255. 4.34% of the stock is owned by corporate insiders.

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.