Burney Co. lowered its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 42.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,171 shares of the company’s stock after selling 1,576 shares during the period. Burney Co.’s holdings in CrowdStrike were worth $743,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Anglin Financial LLC grew its holdings in shares of CrowdStrike by 3.1% in the 4th quarter. Smith Anglin Financial LLC now owns 2,067 shares of the company’s stock worth $707,000 after purchasing an additional 63 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in CrowdStrike by 0.5% during the fourth quarter. Laurel Wealth Advisors LLC now owns 7,681 shares of the company’s stock worth $2,628,000 after buying an additional 40 shares during the last quarter. Meridian Financial Partners LLC increased its holdings in shares of CrowdStrike by 0.6% during the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after buying an additional 33 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of CrowdStrike by 42.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 495 shares of the company’s stock worth $169,000 after acquiring an additional 148 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in CrowdStrike by 23.7% during the 4th quarter. Park Avenue Securities LLC now owns 12,197 shares of the company’s stock worth $4,173,000 after acquiring an additional 2,339 shares during the last quarter. 71.16% of the stock is owned by institutional investors.
CrowdStrike Price Performance
Shares of CRWD opened at $357.00 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33. The stock has a market capitalization of $87.93 billion, a P/E ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14. The company has a 50 day moving average of $355.33 and a 200-day moving average of $313.16.
Insider Activity at CrowdStrike
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on CRWD shares. Evercore ISI lifted their price objective on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, November 25th. BNP Paribas initiated coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price objective on the stock. Rosenblatt Securities boosted their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Piper Sandler increased their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Finally, Citigroup upped their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Friday. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $366.38.
Check Out Our Latest Stock Analysis on CRWD
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.
Featured Articles
- Five stocks we like better than CrowdStrike
- What is an Earnings Surprise?
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- What is a Bond Market Holiday? How to Invest and Trade
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report).
Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.