CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stake Boosted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 18.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,923 shares of the company’s stock after purchasing an additional 2,334 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in CrowdStrike were worth $5,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Berbice Capital Management LLC acquired a new position in CrowdStrike during the 4th quarter valued at $27,000. Oakworth Capital Inc. bought a new position in shares of CrowdStrike in the third quarter worth about $28,000. Fortitude Family Office LLC boosted its position in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the last quarter. Tsfg LLC grew its position in shares of 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 period. Finally, Castleview Partners LLC bought a new position in shares of CrowdStrike in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the sale, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the completion of the transaction, the director now owns 805,592 shares in the company, valued at $332,218,084.88. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 111,565 shares of company stock valued at $39,898,614 over the last quarter. 4.34% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CRWD shares. CICC Research assumed coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective for the company. Robert W. Baird reaffirmed a “neutral” rating and set a $430.00 target price (up previously from $390.00) on shares of CrowdStrike in a report on Monday. Citigroup lifted their target price on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Barclays increased their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Finally, Evercore ISI upped their target price on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Trading Up 0.8 %

NASDAQ:CRWD opened at $420.51 on Friday. The stock has a 50-day simple moving average of $365.55 and a 200-day simple moving average of $314.12. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $421.63. The stock has a market cap of $103.58 billion, a P/E ratio of 824.55, a P/E/G ratio of 21.13 and a beta of 1.16.

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.