Foundations Investment Advisors LLC Sells 388 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Foundations Investment Advisors LLC lowered its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,053 shares of the company’s stock after selling 388 shares during the period. Foundations Investment Advisors LLC’s holdings in CrowdStrike were worth $1,729,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC bought a new stake in CrowdStrike in the 4th quarter worth approximately $27,000. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike in the third quarter worth $28,000. Fortitude Family Office LLC increased its position 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 acquiring an additional 44 shares during the last quarter. Tsfg LLC lifted its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after acquiring an additional 89 shares during the period. Finally, Castleview Partners LLC purchased a new position in CrowdStrike in the third quarter worth about $32,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Burt W. Podbere sold 11,217 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.14, for a total value of $4,017,256.38. Following the sale, the chief financial officer now directly owns 290,711 shares in the company, valued at approximately $104,115,237.54. This trade represents a 3.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,863 shares of the business’s 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 transaction, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,351 shares of company stock worth $38,935,113. Corporate insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CRWD shares. Bank of America boosted their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Oppenheimer upped their price objective on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Stifel Nicolaus boosted their price target on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $369.00.

CrowdStrike Price Performance

CrowdStrike stock opened at $408.68 on Wednesday. The company’s 50 day moving average is $359.26 and its two-hundred day moving average is $311.39. The firm has a market cap of $100.66 billion, a PE ratio of 801.35, a price-to-earnings-growth ratio of 20.07 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 52-week low of $200.81 and a 52-week high of $411.30.

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.