Proactive Wealth Strategies LLC Purchases 1,100 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Proactive Wealth Strategies LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 94.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,264 shares of the company's stock after acquiring an additional 1,100 shares during the period. Proactive Wealth Strategies LLC's holdings in CrowdStrike were worth $775,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the fourth quarter worth $27,000. Fortitude Family Office LLC raised its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock valued at $28,000 after buying an additional 44 shares in the last quarter. Oakworth Capital Inc. bought a new position in CrowdStrike during the third quarter valued at about $28,000. Luken Investment Analytics LLC bought a new position in CrowdStrike during the fourth quarter valued at about $34,000. Finally, Castleview Partners LLC bought a new position in CrowdStrike during the third quarter valued at about $32,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Michael Sentonas sold 10,801 shares of the stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company's stock, valued at approximately $139,655,968.83. This represents a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 136,565 shares of company stock valued at $51,038,529. Company insiders own 4.34% of the company's stock.

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CrowdStrike Stock Down 6.8 %

NASDAQ CRWD traded down $29.53 on Friday, reaching $406.61. The company had a trading volume of 5,588,416 shares, compared to its average volume of 3,224,895. The firm has a market capitalization of $100.15 billion, a price-to-earnings ratio of 797.30, a price-to-earnings-growth ratio of 18.44 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The company's fifty day moving average is $384.76 and its 200-day moving average is $329.67.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CRWD. Piper Sandler raised their target price on CrowdStrike from $290.00 to $375.00 and gave the company an "overweight" rating in a report on Wednesday, November 27th. Robert W. Baird restated a "neutral" rating and set a $430.00 target price (up from $390.00) on shares of CrowdStrike in a report on Monday, February 3rd. KeyCorp raised their target price on CrowdStrike from $395.00 to $480.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Jefferies Financial Group raised their target price on CrowdStrike from $415.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, December 19th. Finally, Mizuho lifted their price objective on CrowdStrike from $385.00 to $450.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average 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.