CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 165.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,156 shares of the company's stock after buying an additional 3,210 shares during the quarter. Venturi Wealth Management LLC's holdings in CrowdStrike were worth $1,764,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CRWD. Castleview Partners LLC purchased a new position in CrowdStrike during the 3rd quarter worth approximately $32,000. Everence Capital Management Inc. purchased a new position in CrowdStrike during the 3rd quarter worth approximately $527,000. Whittier Trust Co. lifted its position in CrowdStrike by 2,508.8% during the 3rd quarter. Whittier Trust Co. now owns 21,992 shares of the company's stock worth $6,168,000 after acquiring an additional 21,149 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in CrowdStrike by 3,278.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,764 shares of the company's stock worth $2,738,000 after acquiring an additional 9,475 shares during the period. Finally, Telos Capital Management Inc. acquired a new stake in CrowdStrike during the 3rd quarter worth approximately $505,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares of the company's stock, valued at $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 136,565 shares of company stock valued at $51,038,529 over the last quarter. Company insiders own 4.34% of the company's stock.

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Analyst Ratings Changes

A number of analysts have weighed in on CRWD shares. Wells Fargo & Company increased their price objective on CrowdStrike from $350.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 27th. HSBC cut CrowdStrike from a "buy" rating to a "hold" rating and set a $347.00 price objective for the company. in a research report on Wednesday, November 27th. Barclays increased their price objective on CrowdStrike from $372.00 to $506.00 and gave the stock an "overweight" rating in a research report on Friday. Morgan Stanley increased their price objective on CrowdStrike from $390.00 to $429.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Truist Financial increased their price objective on CrowdStrike from $385.00 to $460.00 and gave the stock a "buy" rating in a research report on Wednesday, February 12th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $383.08.

CrowdStrike Price Performance

CrowdStrike stock traded down $29.53 during mid-day trading on Friday, hitting $406.61. 5,588,416 shares of the company were exchanged, compared to its average volume of 3,150,410. The company has a market capitalization of $100.15 billion, a P/E ratio of 797.30, a PEG 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 12-month low of $200.81 and a 12-month high of $455.59. The business's 50 day simple moving average is $384.76 and its two-hundred day simple moving average is $330.35.

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.