RMR Wealth Builders Buys 308 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

RMR Wealth Builders boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,775 shares of the company’s stock after buying an additional 308 shares during the quarter. RMR Wealth Builders’ holdings in CrowdStrike were worth $2,660,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Abich Financial Wealth Management LLC bought a new position in CrowdStrike during the second quarter worth $25,000. Fortitude Family Office LLC raised its position in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new position in shares of CrowdStrike in the 2nd quarter valued at about $33,000. Strategic Investment Solutions Inc. IL acquired a new stake in CrowdStrike during the second quarter worth approximately $38,000. Finally, Oakworth Capital Inc. acquired a new position in CrowdStrike in the third quarter valued at approximately $28,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the subject of several research analyst reports. Stifel Nicolaus lifted their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Wedbush set a $330.00 target price on CrowdStrike in a research note on Thursday, October 17th. The Goldman Sachs Group lifted their price objective on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, December 24th. Susquehanna boosted 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. Finally, JPMorgan Chase & Co. increased their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $365.88.

CrowdStrike Price Performance

CRWD opened at $362.02 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock’s 50 day simple moving average is $353.83 and its 200 day simple moving average is $312.46. The firm has a market cap of $89.17 billion, a price-to-earnings ratio of 709.86, a PEG ratio of 19.75 and a beta of 1.11. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. This represents a 3.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the sale, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 106,351 shares of company stock valued at $37,515,473 over the last three months. 4.34% of the stock is owned by company 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.