Mount Yale Investment Advisors LLC Boosts Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mount Yale Investment Advisors LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 26.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,287 shares of the company's stock after buying an additional 1,098 shares during the quarter. Mount Yale Investment Advisors LLC's holdings in CrowdStrike were worth $1,809,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in CrowdStrike during the 4th quarter valued at about $27,000. Oakworth Capital Inc. bought a new stake in CrowdStrike in the third quarter valued at $28,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after acquiring an additional 44 shares during the period. Tsfg LLC grew its holdings in shares of CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after purchasing an additional 89 shares during the last quarter. Finally, Castleview Partners LLC bought a new position in CrowdStrike in the third quarter valued at about $32,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Price Performance

Shares of CRWD stock traded down $1.17 during trading hours on Monday, reaching $373.75. The company's stock had a trading volume of 3,754,335 shares, compared to its average volume of 2,942,402. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. 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 company has a market capitalization of $92.06 billion, a price-to-earnings ratio of 732.86, a PEG ratio of 20.07 and a beta of 1.14. The firm's 50 day simple moving average is $358.65 and its 200-day simple moving average is $311.37.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CRWD. Barclays lifted their price target on shares of CrowdStrike from $295.00 to $372.00 and gave the company an "overweight" rating in a research note on Monday, November 18th. The Goldman Sachs Group upped their target price on CrowdStrike from $372.00 to $415.00 and gave the company a "buy" rating in a research report on Tuesday, December 24th. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a research note on Monday, November 25th. Oppenheimer raised their target price on CrowdStrike from $365.00 to $410.00 and gave the company an "outperform" rating in a report on Wednesday, November 27th. Finally, Cantor Fitzgerald raised their price objective on CrowdStrike from $350.00 to $370.00 and gave the company an "overweight" rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given 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 $369.00.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,036 shares of the company's stock in a transaction that occurred on Wednesday, November 6th. The shares were 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 in the company, valued at approximately $261,745,630.40. This represents a 0.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now owns 98,214 shares of the company's stock, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 110,351 shares of company stock worth $38,935,113. Company insiders own 4.34% of the company's stock.

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.