Maridea Wealth Management LLC Invests $544,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Maridea Wealth Management LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,589 shares of the company's stock, valued at approximately $544,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jacobi Capital Management LLC lifted its stake in shares of CrowdStrike by 1.9% in the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock worth $448,000 after acquiring an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in CrowdStrike by 1.4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock valued at $675,000 after acquiring an additional 27 shares in the last quarter. Wintrust Investments LLC boosted its stake in CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after acquiring an additional 29 shares during the last quarter. Synergy Financial Group LTD grew its holdings in CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company's stock worth $1,108,000 after acquiring an additional 30 shares in the last quarter. Finally, Greenwich Wealth Management LLC lifted its position in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock worth $265,000 after purchasing an additional 30 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

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CrowdStrike Stock Down 1.8 %

CRWD traded down $6.39 during trading on Monday, reaching $350.73. 2,144,911 shares of the stock traded hands, compared to its average volume of 4,051,453. The stock's 50-day simple moving average is $388.15 and its two-hundred day simple moving average is $349.49. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The stock has a market cap of $86.94 billion, a price-to-earnings ratio of 688.66, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Analyst Ratings Changes

Several analysts have weighed in on CRWD shares. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. JPMorgan Chase & Co. increased their target price on CrowdStrike from $418.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. KeyCorp reduced their price objective on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. Piper Sandler set a $347.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Bank of America increased their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $399.62.

Insider Activity

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. The trade was a 3.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Burt W. Podbere sold 13,529 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.10, for a total transaction of $4,844,734.90. Following the transaction, the chief financial officer now owns 244,739 shares in the company, valued at approximately $87,641,035.90. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,801 shares of company stock worth $42,092,255 in the last three months. 4.34% of the stock is owned by insiders.

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.