Proficio Capital Partners LLC Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Proficio Capital Partners LLC acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 253,883 shares of the company's stock, valued at approximately $86,869,000. Proficio Capital Partners LLC owned approximately 0.10% of CrowdStrike at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CRWD. Synergy Financial Group LTD grew its holdings 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 acquiring an additional 30 shares in the last quarter. M3 Advisory Group LLC grew its stake in CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company's stock valued at $407,000 after purchasing an additional 32 shares in the last quarter. Advisor OS LLC grew its stake in CrowdStrike by 2.5% in the fourth quarter. Advisor OS LLC now owns 1,312 shares of the company's stock valued at $449,000 after purchasing an additional 32 shares in the last quarter. Meridian Financial Partners LLC increased its position in CrowdStrike by 0.6% in the 4th quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company's stock worth $1,914,000 after purchasing an additional 33 shares during the last quarter. Finally, First Affirmative Financial Network lifted its holdings in shares of CrowdStrike by 4.2% during the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company's stock valued at $278,000 after buying an additional 33 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Bank of America upped their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. The Goldman Sachs Group lifted their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a "buy" rating in a research report on Tuesday, December 24th. KeyCorp raised their target price on CrowdStrike from $395.00 to $480.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Jefferies Financial Group raised their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. Finally, Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research note on Monday, November 25th. 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 assigned a strong buy rating to the company's stock. According to MarketBeat, CrowdStrike presently has a consensus rating of "Moderate Buy" and an average price target of $391.75.

CrowdStrike Price Performance

NASDAQ:CRWD traded down $6.93 during trading hours on Monday, reaching $382.73. 5,021,349 shares of the company were exchanged, compared to its average volume of 3,374,591. The business has a 50 day moving average of $386.94 and a 200 day moving average of $336.06. The company has a market capitalization of $94.27 billion, a P/E ratio of 750.47, a P/E/G ratio of 17.86 and a beta of 1.16. 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 1-year low of $200.81 and a 1-year high of $455.59.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the sale, the director now owns 809,266 shares in the company, valued at approximately $282,708,984.44. This trade represents a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 106,565 shares of company stock worth $40,570,629. 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.