Strategies Wealth Advisors LLC Acquires Shares of 1,307 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Strategies Wealth Advisors LLC purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,307 shares of the company’s stock, valued at approximately $447,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC raised its holdings in 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 grew its holdings in CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock worth $675,000 after acquiring an additional 27 shares during the period. Wintrust Investments LLC raised its position in CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock worth $246,000 after acquiring an additional 29 shares in the last quarter. Greenwich Wealth Management LLC boosted its position in shares of CrowdStrike by 4.0% during the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock worth $265,000 after purchasing an additional 30 shares in the last quarter. Finally, Altman Advisors Inc. grew its stake in shares of CrowdStrike by 0.5% during the 4th quarter. Altman Advisors Inc. now owns 6,623 shares of the company’s stock worth $2,266,000 after purchasing an additional 31 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the completion of the sale, the director now owns 768,092 shares in the company, valued at $248,984,702.72. The trade was a 0.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the transaction, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. The trade was a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,801 shares of company stock worth $45,553,642 over the last ninety days. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $377.90 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a 50-day moving average of $380.13 and a 200-day moving average of $355.34. The company has a market capitalization of $93.67 billion, a price-to-earnings ratio of 740.99, a PEG ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Wells Fargo & Company raised their price objective on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 5th. Stephens began coverage on shares of CrowdStrike in a research note on Tuesday, April 1st. They set an “overweight” rating and a $450.00 price target on the stock. Barclays reduced their price objective on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th. Stifel Nicolaus reduced their price target on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, UBS Group lowered their target price on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $400.88.

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.