Hennion & Walsh Asset Management Inc. Has $3.51 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Hennion & Walsh Asset Management Inc. lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 13.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,267 shares of the company's stock after buying an additional 1,182 shares during the period. Hennion & Walsh Asset Management Inc.'s holdings in CrowdStrike were worth $3,513,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CRWD. Synergy Financial Group LTD boosted its stake in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock valued at $1,108,000 after buying an additional 30 shares during the period. Meridian Financial Partners LLC boosted its position in CrowdStrike by 0.6% during the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company's stock valued at $1,914,000 after purchasing an additional 33 shares during the last quarter. Sunpointe LLC grew its stake in CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company's stock valued at $317,000 after purchasing an additional 34 shares in the last quarter. Hilltop Holdings Inc. increased its position in CrowdStrike by 1.8% in the 3rd quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company's stock worth $542,000 after purchasing an additional 34 shares during the last quarter. Finally, Interchange Capital Partners LLC raised its stake in shares of CrowdStrike by 1.1% during the 3rd quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company's stock worth $1,036,000 after purchasing an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Down 1.8 %

CRWD stock traded down $6.38 during trading on Friday, hitting $357.00. The company had a trading volume of 5,024,636 shares, compared to its average volume of 2,955,973. The stock has a market cap of $87.93 billion, a price-to-earnings ratio of 700.01, a PEG ratio of 18.55 and a beta of 1.14. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $355.33 and a 200-day moving average price of $313.16. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the firm's stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares of the company's stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now directly owns 816,730 shares of the company's stock, valued at $261,745,630.40. This represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 110,351 shares of company stock valued at $38,935,113 over the last 90 days. 4.34% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Truist Financial raised their price objective on shares of CrowdStrike from $375.00 to $385.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th. Morgan Stanley raised 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. CICC Research assumed coverage on shares of CrowdStrike in a report on Monday, November 18th. They issued a "market perform" rating and a $295.00 price objective for the company. Stifel Nicolaus raised their target price on CrowdStrike from $375.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Finally, Wells Fargo & Company upped their price target on CrowdStrike from $350.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $366.38.

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.