Angeles Wealth Management LLC Has $260,000 Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Angeles Wealth Management LLC reduced its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 15.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 759 shares of the company’s stock after selling 138 shares during the period. Angeles Wealth Management LLC’s holdings in CrowdStrike were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Berbice Capital Management LLC acquired a new stake in CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC lifted its holdings in shares of CrowdStrike by 112.8% during the 4th 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 period. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter worth approximately $28,000. Luken Investment Analytics LLC bought a new position in CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Tsfg LLC raised its position in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Oppenheimer raised their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Truist Financial raised their price objective on CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Evercore ISI boosted their target price on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. Morgan Stanley raised their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, Rosenblatt Securities upped their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $370.00.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the sale, the insider now owns 120,298 shares in the company, valued at $40,954,251.12. This represents a 3.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the completion of the transaction, the director now directly owns 42,391 shares in the company, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 111,565 shares of company stock valued at $39,898,614 over the last ninety days. 4.34% of the stock is owned by company insiders.

CrowdStrike Stock Up 1.7 %

CRWD stock opened at $428.92 on Tuesday. 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 Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $431.90. The stock’s 50 day simple moving average is $368.52 and its 200 day simple moving average is $316.70. The company has a market cap of $105.65 billion, a P/E ratio of 841.04, a price-to-earnings-growth ratio of 17.22 and a beta of 1.16.

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.