Boston Family Office LLC Buys 112 Shares of CrowdStrike $CRWD

Boston Family Office LLC raised its stake in CrowdStrike (NASDAQ:CRWD) by 4.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,457 shares of the company’s stock after acquiring an additional 112 shares during the period. Boston Family Office LLC’s holdings in CrowdStrike were worth $1,250,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Patron Partners LLC raised its stake in CrowdStrike by 2.1% in the second quarter. Patron Partners LLC now owns 1,076 shares of the company’s stock valued at $548,000 after purchasing an additional 22 shares in the last quarter. Real Talk Capital LLC raised its position in shares of CrowdStrike by 0.9% in the 1st quarter. Real Talk Capital LLC now owns 2,732 shares of the company’s stock valued at $963,000 after buying an additional 24 shares in the last quarter. Cladis Investment Advisory LLC lifted its holdings in shares of CrowdStrike by 1.5% during the 1st quarter. Cladis Investment Advisory LLC now owns 1,683 shares of the company’s stock worth $593,000 after acquiring an additional 25 shares during the period. Eagle Wealth Strategies LLC lifted its holdings in shares of CrowdStrike by 4.1% during the 2nd quarter. Eagle Wealth Strategies LLC now owns 630 shares of the company’s stock worth $321,000 after acquiring an additional 25 shares during the period. Finally, OLD National Bancorp IN boosted its position in shares of CrowdStrike by 3.6% during the 2nd quarter. OLD National Bancorp IN now owns 728 shares of the company’s stock worth $371,000 after acquiring an additional 25 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on CRWD. TD Cowen boosted their price objective on shares of CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Wells Fargo & Company boosted their price target on CrowdStrike from $550.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Morgan Stanley raised their price objective on CrowdStrike from $475.00 to $515.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Arete upgraded CrowdStrike from a “neutral” rating to a “buy” rating and set a $706.00 target price on the stock in a research report on Tuesday, October 28th. Finally, Robert W. Baird boosted their target price on CrowdStrike from $490.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $549.89.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 10,706 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $495.67, for a total transaction of $5,306,643.02. Following the sale, the chief financial officer directly owned 220,424 shares of the company’s stock, valued at $109,257,564.08. The trade was a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $410.32, for a total transaction of $2,564,500.00. Following the completion of the transaction, the director owned 768,511 shares of the company’s stock, valued at approximately $315,335,433.52. This trade represents a 0.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 116,622 shares of company stock worth $58,561,456 in the last 90 days. Corporate insiders own 3.32% of the company’s stock.

CrowdStrike Price Performance

CrowdStrike stock opened at $504.13 on Tuesday. The stock has a 50-day moving average price of $511.99 and a two-hundred day moving average price of $477.91. CrowdStrike has a 12 month low of $298.00 and a 12 month high of $566.90. The company has a market capitalization of $126.52 billion, a PE ratio of -423.64, a P/E/G ratio of 120.02 and a beta of 1.09. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

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.