Advisor OS LLC Acquires 32 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Advisor OS LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,312 shares of the company’s stock after buying an additional 32 shares during the quarter. Advisor OS LLC’s holdings in CrowdStrike were worth $449,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Empirical Asset Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at about $11,310,000. Beacon Financial Advisory LLC bought a new stake in shares of CrowdStrike in the 3rd quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of CrowdStrike by 10.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock valued at $237,331,000 after purchasing an additional 78,305 shares during the period. Hemenway Trust Co LLC raised its holdings in shares of CrowdStrike by 356.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock valued at $1,922,000 after purchasing an additional 5,352 shares during the period. Finally, Arcadia Investment Management Corp MI raised its holdings in shares of CrowdStrike by 30.8% in the 4th quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after purchasing an additional 2,814 shares during the period. 71.16% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CRWD shares. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Bank of America upped their price target on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. upped their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Piper Sandler upped their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Finally, Wells Fargo & Company upped their price target on shares of CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $387.08.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 136,565 shares of company stock valued at $51,038,529 in the last quarter. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $394.56 on Thursday. The company has a market cap of $97.18 billion, a price-to-earnings ratio of 773.66, a PEG ratio of 17.86 and a beta of 1.16. 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 50 day simple moving average of $385.81 and a 200 day simple moving average of $333.53. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

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.