CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by WR Wealth Planners LLC

WR Wealth Planners LLC reduced its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 52.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193 shares of the company’s stock after selling 215 shares during the period. WR Wealth Planners LLC’s holdings in CrowdStrike were worth $66,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CRWD. Cobblestone Capital Advisors LLC NY boosted its position in CrowdStrike by 4.1% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 1,105 shares of the company’s stock worth $378,000 after acquiring an additional 44 shares during the period. SVB Wealth LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $1,346,000. Parkside Financial Bank & Trust raised its stake in shares of CrowdStrike by 10.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 752 shares of the company’s stock worth $257,000 after purchasing an additional 69 shares in the last quarter. Fusion Capital LLC raised its stake in shares of CrowdStrike by 7.2% in the 4th quarter. Fusion Capital LLC now owns 822 shares of the company’s stock valued at $281,000 after acquiring an additional 55 shares in the last quarter. Finally, Fort Sheridan Advisors LLC raised its stake in shares of CrowdStrike by 3.5% in the 4th quarter. Fort Sheridan Advisors LLC now owns 10,362 shares of the company’s stock valued at $3,545,000 after acquiring an additional 350 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Stock Up 2.5 %

CrowdStrike stock opened at $389.66 on Friday. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The firm has a 50 day moving average price of $386.94 and a 200-day moving average price of $335.50. The company has a market capitalization of $95.98 billion, a P/E ratio of 764.05, a P/E/G ratio of 17.86 and a beta of 1.16. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Upgrades and Downgrades

Several research analysts have commented on CRWD shares. Stifel Nicolaus lifted their price target on CrowdStrike from $400.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Rosenblatt Securities boosted their price objective on CrowdStrike from $385.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday. Wells Fargo & Company boosted their target price on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Finally, HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $389.50.

Insiders Place Their Bets

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the transaction, the insider now owns 94,214 shares in the company, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the completion of the transaction, the director now owns 809,266 shares in the company, valued at approximately $282,708,984.44. The trade was a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 106,565 shares of company stock worth $40,570,629 in the last three months. 4.34% of the stock is currently owned by corporate insiders.

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.