Uniting Wealth Partners LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,650 shares of the company's stock, valued at approximately $565,000.
Other institutional investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike during the fourth quarter valued at $27,000. Fortitude Family Office LLC lifted its position in shares of CrowdStrike by 112.8% during the 4th 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. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC acquired a new stake in CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in CrowdStrike in the 4th quarter valued at $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on CRWD. Piper Sandler set a $347.00 price objective on CrowdStrike in a report on Wednesday, March 5th. BTIG Research upgraded shares of CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price on the stock in a research note on Tuesday, March 25th. Jefferies Financial Group decreased their price objective on CrowdStrike from $425.00 to $410.00 and set a "buy" rating for the company in a report on Monday. Stephens initiated coverage on shares of CrowdStrike in a report on Tuesday. They set an "overweight" rating and a $450.00 target price on the stock. Finally, Truist Financial lowered their price target on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a report on Monday. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $400.88.
Check Out Our Latest Stock Analysis on CRWD
Insider Activity at CrowdStrike
In other 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 transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on 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 transaction, the insider now owns 98,214 shares of the company's stock, valued at $34,857,130.74. The trade was a 3.91 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 114,551 shares of company stock worth $43,527,642 over the last 90 days. 4.34% of the stock is owned by company insiders.
CrowdStrike Trading Down 7.4 %
Shares of CRWD traded down $25.76 during mid-day trading on Friday, hitting $321.63. 7,015,170 shares of the company's stock traded hands, compared to its average volume of 4,917,060. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm has a market capitalization of $79.72 billion, a P/E ratio of 630.66, a PEG ratio of 17.86 and a beta of 1.28. The business's 50-day moving average price is $387.24 and its 200-day moving average price is $351.01.
CrowdStrike Profile
(
Free Report)
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.
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