Diversify Wealth Management LLC Has $4.13 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Diversify Wealth Management LLC increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 47.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,831 shares of the company's stock after purchasing an additional 3,781 shares during the period. Diversify Wealth Management LLC's holdings in CrowdStrike were worth $4,127,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Empirical Asset Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth about $11,310,000. Beacon Financial Advisory LLC acquired a new position in CrowdStrike in the third quarter valued at about $955,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of CrowdStrike by 10.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company's stock worth $237,331,000 after buying an additional 78,305 shares in the last quarter. Doliver Advisors LP raised its stake in shares of CrowdStrike by 223.2% in the third quarter. Doliver Advisors LP now owns 6,754 shares of the company's stock valued at $1,894,000 after acquiring an additional 4,664 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company's stock worth $124,644,000 after acquiring an additional 2,863 shares during the last quarter. Institutional investors own 71.16% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. KeyCorp lifted their price objective on CrowdStrike from $345.00 to $395.00 and gave the company an "overweight" rating in a research report on Friday, November 22nd. Royal Bank of Canada lifted their price target on CrowdStrike from $365.00 to $420.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Susquehanna raised their price objective on shares of CrowdStrike from $310.00 to $400.00 and gave the company a "positive" rating in a research report on Wednesday, November 27th. Canaccord Genuity Group reiterated a "buy" rating and set a $330.00 target price on shares of CrowdStrike in a research report on Monday, September 30th. Finally, Hsbc Global Res lowered shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $366.38.

CrowdStrike Stock Down 1.8 %

NASDAQ CRWD traded down $6.38 on Monday, reaching $357.00. The company had a trading volume of 5,025,151 shares, compared to its average volume of 2,670,549. The company's fifty day moving average is $355.86 and its 200-day moving average is $311.89. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $398.33. The firm has a market capitalization of $87.93 billion, a price-to-earnings ratio of 700.01, a price-to-earnings-growth ratio of 18.55 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insider Buying and Selling

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the business's stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the sale, the president now directly owns 389,589 shares of the company's stock, valued at $139,655,968.83. The trade was a 2.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the firm's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares of the company's stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by corporate insiders.

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.