Florida Financial Advisors LLC Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Florida Financial Advisors LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 972 shares of the company’s stock, valued at approximately $333,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CRWD. Kingsview Wealth Management LLC increased its position in shares of CrowdStrike by 9.2% during the third quarter. Kingsview Wealth Management LLC now owns 8,146 shares of the company’s stock valued at $2,285,000 after purchasing an additional 684 shares during the period. Fisher Asset Management LLC boosted its stake in CrowdStrike by 17.9% during the third quarter. Fisher Asset Management LLC now owns 2,230 shares of the company’s stock worth $626,000 after buying an additional 339 shares in the last quarter. Boston Family Office LLC boosted its stake in CrowdStrike by 64.7% during the third quarter. Boston Family Office LLC now owns 2,278 shares of the company’s stock worth $639,000 after buying an additional 895 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings in CrowdStrike by 101.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 254 shares of the company’s stock valued at $71,000 after buying an additional 128 shares during the period. Finally, Truvestments Capital LLC raised its stake in shares of CrowdStrike by 18.1% in the 3rd quarter. Truvestments Capital LLC now owns 926 shares of the company’s stock valued at $260,000 after buying an additional 142 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Performance

CRWD stock opened at $384.95 on Wednesday. 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 twelve month low of $200.81 and a twelve month high of $455.59. The business’s fifty day moving average is $387.90 and its 200-day moving average is $347.04. The company has a market cap of $95.42 billion, a P/E ratio of 754.82, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction dated 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 directly owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This represents a 4.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 2,858 shares of CrowdStrike stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total transaction of $1,041,140.82. Following the transaction, the chief accounting officer now directly owns 38,201 shares in the company, valued at $13,916,242.29. The trade was a 6.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 113,659 shares of company stock valued at $43,133,396. 4.34% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CRWD. Wells Fargo & Company lifted their target price on shares of CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday, March 5th. DA Davidson lifted their price objective on CrowdStrike from $395.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Jefferies Financial Group dropped their target price on CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Guggenheim restated a “neutral” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Evercore ISI upped their price target on CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $400.26.

About CrowdStrike

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.