Grandview Asset Management LLC Has $2.25 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Grandview Asset Management LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,325 shares of the company’s stock after acquiring an additional 800 shares during the period. CrowdStrike comprises 2.2% of Grandview Asset Management LLC’s holdings, making the stock its 14th largest holding. Grandview Asset Management LLC’s holdings in CrowdStrike were worth $2,251,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $25,000. WealthPLAN Partners LLC acquired a new stake in shares of CrowdStrike during the 1st quarter worth approximately $38,000. Freedom Wealth Alliance LLC acquired a new stake in shares of CrowdStrike during the 4th quarter worth approximately $32,000. Rise Advisors LLC boosted its position in CrowdStrike by 41.7% in the first quarter. Rise Advisors LLC now owns 326 shares of the company’s stock valued at $45,000 after buying an additional 96 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC boosted its position in CrowdStrike by 68.5% in the first quarter. Householder Group Estate & Retirement Specialist LLC now owns 337 shares of the company’s stock valued at $46,000 after buying an additional 137 shares in the last quarter. Institutional investors and hedge funds own 63.53% of the company’s stock.

Insider Activity

In other news, CAO Anurag Saha sold 815 shares of CrowdStrike stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $150.48, for a total transaction of $122,641.20. Following the completion of the transaction, the chief accounting officer now directly owns 31,852 shares in the company, valued at $4,793,088.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Shawn Henry sold 9,218 shares of the business’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $150.48, for a total transaction of $1,387,124.64. Following the transaction, the insider now directly owns 228,752 shares in the company, valued at $34,422,600.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 815 shares of the business’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $150.48, for a total transaction of $122,641.20. Following the transaction, the chief accounting officer now owns 31,852 shares in the company, valued at $4,793,088.96. The disclosure for this sale can be found here. Insiders sold 342,479 shares of company stock worth $51,344,648 over the last three months. 5.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Wells Fargo & Company raised their target price on shares of CrowdStrike from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, August 28th. TheStreet upgraded shares of CrowdStrike from a “d+” rating to a “c” rating in a research report on Wednesday, May 31st. Canaccord Genuity Group raised their target price on shares of CrowdStrike from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, August 22nd. Stifel Nicolaus raised their target price on shares of CrowdStrike from $128.00 to $153.00 and gave the company a “hold” rating in a research report on Thursday, August 31st. Finally, Bank of America raised their target price on shares of CrowdStrike from $162.00 to $190.00 in a research report on Friday, June 16th. Five investment analysts have rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $183.28.

CrowdStrike Stock Down 2.9 %

Shares of NASDAQ CRWD traded down $4.92 during mid-day trading on Friday, reaching $165.81. 1,108,723 shares of the company’s stock traded hands, compared to its average volume of 4,276,623. The stock has a market cap of $39.59 billion, a P/E ratio of -416.41, a PEG ratio of 16.96 and a beta of 0.96. The business has a 50-day simple moving average of $153.78 and a 200 day simple moving average of $142.72. CrowdStrike Holdings, Inc. has a 1-year low of $92.25 and a 1-year high of $181.84. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.82 and a quick ratio of 1.82.

About CrowdStrike

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.