Insight Advisors LLC PA Buys 332 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Insight Advisors LLC PA grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 35.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,281 shares of the company’s stock after acquiring an additional 332 shares during the period. Insight Advisors LLC PA’s holdings in CrowdStrike were worth $447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the fourth quarter valued at about $27,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike during the third quarter worth about $28,000. Fortitude Family Office LLC lifted its holdings in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Tsfg LLC lifted its holdings in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares during the last quarter. Finally, Castleview Partners LLC bought a new position in shares of CrowdStrike in the third quarter worth about $32,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Trading Up 2.4 %

Shares of CRWD opened at $417.22 on Thursday. The stock has a market capitalization of $102.77 billion, a P/E ratio of 818.09, a PEG ratio of 21.13 and a beta of 1.16. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a fifty day simple moving average of $364.15 and a two-hundred day simple moving average of $313.40. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $419.39.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 18,071 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the completion of the transaction, the chief executive officer now directly owns 2,159,935 shares in the company, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 105,315 shares of company stock valued at $37,321,176 in the last quarter. Company insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of research reports. Stifel Nicolaus raised their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Cantor Fitzgerald raised their price target on shares of CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Royal Bank of Canada lifted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Scotiabank lifted their price target on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. Finally, Piper Sandler lifted their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $370.00.

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.