GAMMA Investing LLC Boosts Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

GAMMA Investing LLC boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 83.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,146 shares of the company’s stock after buying an additional 976 shares during the quarter. GAMMA Investing LLC’s holdings in CrowdStrike were worth $734,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CRWD. Synergy Financial Group LTD grew its stake in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares in the last quarter. Sunpointe LLC lifted its holdings in shares of CrowdStrike by 3.1% in the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after buying an additional 34 shares during the period. Hilltop Holdings Inc. grew its position in shares of CrowdStrike by 1.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after buying an additional 34 shares in the last quarter. Interchange Capital Partners LLC raised its holdings in shares of CrowdStrike by 1.1% in the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock valued at $1,036,000 after acquiring an additional 39 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in CrowdStrike by 9.1% in the third quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock worth $134,000 after acquiring an additional 40 shares during the period. 71.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, President Michael Sentonas sold 10,801 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total value of $1,237,520.00. Following the transaction, the insider now directly owns 124,298 shares of the company’s stock, valued at $38,455,315.24. The trade was a 3.12 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 116,601 shares of company stock worth $40,755,368. Company insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on CRWD shares. DA Davidson restated a “buy” rating and issued a $310.00 price target on shares of CrowdStrike in a report on Wednesday, September 18th. Robert W. Baird raised their price objective on CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $330.00 price objective on shares of CrowdStrike in a research report on Monday, September 30th. HSBC downgraded shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price for the company. in a research note on Wednesday, November 27th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $365.63.

CrowdStrike Trading Up 3.4 %

Shares of NASDAQ:CRWD opened at $359.02 on Friday. The business’s 50 day moving average price is $346.72 and its 200-day moving average price is $314.90. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The firm has a market capitalization of $88.43 billion, a price-to-earnings ratio of 703.97, a price-to-earnings-growth ratio of 19.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

About CrowdStrike

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.