Abundance Wealth Counselors Takes $250,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Abundance Wealth Counselors acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 731 shares of the company's stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC raised its holdings in 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 purchasing an additional 44 shares during the period. Oakworth Capital Inc. acquired a new position in shares of CrowdStrike in the 3rd quarter valued at $28,000. Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike in the 4th quarter valued at $34,000. Finally, Tsfg LLC raised its stake in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after buying an additional 89 shares during the period. 71.16% of the stock is owned by institutional investors.

Insider Activity at CrowdStrike

In other news, 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 sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 11,217 shares of the firm's stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.14, for a total value of $4,017,256.38. Following the completion of the transaction, the chief financial officer now owns 290,711 shares in the company, valued at $104,115,237.54. The trade was a 3.72 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,351 shares of company stock worth $38,935,113. Company insiders own 4.34% of the company's stock.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD traded up $9.95 on Tuesday, reaching $407.52. 2,829,893 shares of the company's stock were exchanged, compared to its average volume of 3,232,197. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $411.30. The company has a fifty day moving average of $363.29 and a 200-day moving average of $312.67. The company has a market capitalization of $100.38 billion, a price-to-earnings ratio of 799.07, a PEG ratio of 21.13 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CRWD. Evercore ISI increased their price target on CrowdStrike from $325.00 to $400.00 and gave the stock an "outperform" rating in a report on Monday, November 25th. Morgan Stanley upped their price target on shares of CrowdStrike from $325.00 to $355.00 and gave the company an "overweight" rating in a report on Monday, November 18th. Jefferies Financial Group raised their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Barclays upped their target price on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an "overweight" rating in a research note on Monday, November 18th. Finally, Rosenblatt Securities lifted their target price on CrowdStrike from $325.00 to $385.00 and gave the company a "buy" rating in a research report on Monday, November 25th. One 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 issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price 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.