AllSquare Wealth Management LLC Grows Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AllSquare Wealth Management LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 88.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 213 shares of the company’s stock after buying an additional 100 shares during the period. AllSquare Wealth Management LLC’s holdings in CrowdStrike were worth $73,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the company. Jacobi Capital Management LLC increased its position in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after purchasing an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in CrowdStrike by 1.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock valued at $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC lifted its holdings in shares of CrowdStrike by 4.2% in the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after acquiring an additional 29 shares during the last quarter. Synergy Financial Group LTD boosted its position in shares of CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after buying an additional 30 shares during the period. Finally, Greenwich Wealth Management LLC grew its position in CrowdStrike by 4.0% in the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after acquiring an additional 30 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $369.03 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company’s fifty day moving average price is $386.27 and its two-hundred day moving average price is $343.52. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $91.47 billion, a P/E ratio of 723.60, a P/E/G ratio of 17.86 and a beta of 1.19.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 5,505 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $1,973,377.35. Following the sale, the insider now directly owns 110,293 shares of the company’s stock, valued at approximately $39,536,731.71. This represents a 4.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 100,315 shares of company stock worth $38,319,124. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CRWD. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Robert W. Baird lowered their target price on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research note on Wednesday, March 5th. Jefferies Financial Group cut their price target on CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $450.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Truist Financial raised their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $399.51.

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.