Gallagher Fiduciary Advisors LLC Buys New Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Gallagher Fiduciary Advisors LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 677 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Meiji Yasuda Life Insurance Co lifted its position in shares of CrowdStrike by 7.0% during the 4th quarter. Meiji Yasuda Life Insurance Co now owns 4,290 shares of the company’s stock worth $1,468,000 after purchasing an additional 280 shares during the last quarter. Davidson Kahn Capital Management LLC bought a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $423,000. Peterson Wealth Management bought a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $218,000. Wise Wealth Partners acquired a new stake in shares of CrowdStrike in the fourth quarter worth $295,000. Finally, Rehmann Capital Advisory Group increased its position in CrowdStrike by 4.7% during the fourth quarter. Rehmann Capital Advisory Group now owns 2,264 shares of the company’s stock worth $775,000 after acquiring an additional 102 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CAO Anurag Saha sold 1,496 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were 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 of the company’s stock, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the sale, the director now directly owns 768,092 shares in the company, valued at $248,984,702.72. This trade represents a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 139,125 shares of company stock valued at $53,208,049. 4.34% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 5th. Evercore ISI upped their price target on CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, March 5th. Jefferies Financial Group decreased their price objective on CrowdStrike from $425.00 to $410.00 and set a “buy” rating on the stock in a report on Monday, March 31st. Baird R W lowered CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $400.76.

CrowdStrike Trading Up 2.0 %

CRWD opened at $440.58 on Friday. The firm’s fifty day moving average is $371.78 and its two-hundred day moving average is $365.95. The firm has a market cap of $109.21 billion, a PE ratio of 863.90, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

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.