CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,801 shares of the company's stock after purchasing an additional 4,378 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in CrowdStrike were worth $11,565,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of CRWD. Venturi Wealth Management LLC grew its stake in shares of CrowdStrike by 165.0% during the 4th quarter. Venturi Wealth Management LLC now owns 5,156 shares of the company's stock worth $1,764,000 after purchasing an additional 3,210 shares during the period. D.A. Davidson & CO. boosted its holdings in CrowdStrike by 2.9% during the fourth quarter. D.A. Davidson & CO. now owns 37,910 shares of the company's stock worth $12,971,000 after buying an additional 1,052 shares in the last quarter. Empower Advisory Group LLC grew its position in CrowdStrike by 5.3% during the fourth quarter. Empower Advisory Group LLC now owns 4,174 shares of the company's stock worth $1,428,000 after buying an additional 210 shares during the period. Truist Financial Corp increased its holdings in CrowdStrike by 5.4% in the fourth quarter. Truist Financial Corp now owns 160,818 shares of the company's stock valued at $55,025,000 after buying an additional 8,168 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its position in shares of CrowdStrike by 4.1% during the 4th quarter. CIBC Asset Management Inc now owns 74,787 shares of the company's stock valued at $25,589,000 after acquiring an additional 2,945 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

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Insider Activity

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the completion of the transaction, the director now directly owns 809,266 shares in the company, valued at approximately $282,708,984.44. This represents a 0.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm's 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 sale, the insider now directly owns 94,214 shares of the company's stock, 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. Over the last quarter, insiders sold 136,565 shares of company stock worth $51,038,529. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 6.8 %

NASDAQ:CRWD traded down $29.53 during mid-day trading on Friday, hitting $406.61. The company had a trading volume of 5,588,416 shares, compared to its average volume of 3,150,410. The business has a fifty day simple moving average of $384.76 and a 200-day simple moving average of $330.35. The firm has a market capitalization of $100.15 billion, a price-to-earnings ratio of 797.30, a PEG ratio of 17.86 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. UBS Group lowered shares of CrowdStrike from a "buy" rating to a "cautious" rating in a research report on Wednesday, February 5th. Cantor Fitzgerald increased their target price on CrowdStrike from $350.00 to $370.00 and gave the company an "overweight" rating in a report on Thursday, November 21st. The Goldman Sachs Group boosted their price target on CrowdStrike from $372.00 to $415.00 and gave the stock a "buy" rating in a report on Tuesday, December 24th. CICC Research started coverage on CrowdStrike in a research report on Monday, November 18th. They issued a "market perform" rating and a $295.00 price objective on the stock. Finally, Bank of America lifted their price objective on CrowdStrike from $365.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-eight have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $383.08.

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.