CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,017 shares of the company’s stock after acquiring an additional 259 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in CrowdStrike were worth $2,059,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new stake in shares of CrowdStrike in the 2nd quarter valued at $25,000. Oakworth Capital Inc. purchased a new position in CrowdStrike in the third quarter valued at $28,000. Fortitude Family Office LLC raised its stake 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 buying an additional 44 shares in the last quarter. Tsfg LLC lifted its holdings in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after buying an additional 89 shares during the last quarter. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Down 1.8 %

Shares of CRWD stock opened at $357.00 on Friday. The stock has a market cap of $87.93 billion, a P/E ratio of 700.01, a P/E/G ratio of 18.55 and a beta of 1.14. 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 fifty-two week low of $200.81 and a fifty-two week high of $398.33. The business has a fifty day simple moving average of $355.86 and a 200-day simple moving average of $312.92.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Bank of America boosted their target price on CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Piper Sandler upped their target price on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. CICC Research started coverage on shares of CrowdStrike in a research note on Monday, November 18th. They set a “market perform” rating and a $295.00 price target on the stock. Stifel Nicolaus boosted their price target on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Susquehanna raised their price objective on CrowdStrike from $310.00 to $400.00 and gave the stock a “positive” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $366.38.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $368.14, for a total value of $1,656,630.00. Following the completion of the transaction, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This trade represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. Insiders own 4.34% of the company’s stock.

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.