Goldstein Advisors LLC Increases Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Goldstein Advisors LLC boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,497 shares of the company’s stock after purchasing an additional 152 shares during the quarter. Goldstein Advisors LLC’s holdings in CrowdStrike were worth $512,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Avior Wealth Management LLC grew its position in CrowdStrike by 8.7% during the 4th quarter. Avior Wealth Management LLC now owns 1,137 shares of the company’s stock valued at $389,000 after purchasing an additional 91 shares during the last quarter. Burr Financial Services LLC lifted its stake in CrowdStrike by 121.8% during the 4th quarter. Burr Financial Services LLC now owns 2,750 shares of the company’s stock valued at $941,000 after acquiring an additional 1,510 shares during the period. MinichMacGregor Wealth Management LLC bought a new position in CrowdStrike during the 4th quarter valued at about $236,000. Mutual Advisors LLC lifted its stake in CrowdStrike by 15.1% during the 4th quarter. Mutual Advisors LLC now owns 5,114 shares of the company’s stock valued at $1,858,000 after acquiring an additional 670 shares during the period. Finally, Magnus Financial Group LLC bought a new position in CrowdStrike during the 4th quarter valued at about $241,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 3.2 %

NASDAQ CRWD opened at $377.98 on Thursday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a fifty day moving average of $357.22 and a two-hundred day moving average of $311.97. The firm has a market capitalization of $93.10 billion, a price-to-earnings ratio of 741.15, a PEG ratio of 19.49 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33.

Analyst Ratings Changes

Several research firms have issued reports on CRWD. Stifel Nicolaus upped their target price 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. Bank of America increased their price objective on shares of CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. HSBC cut shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective on the stock. in a research note on Wednesday, November 27th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Finally, Piper Sandler increased their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $369.00.

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their ownership of the stock. The transaction 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 CrowdStrike stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is currently owned by insiders.

CrowdStrike Company 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.