CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 27.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 918 shares of the company’s stock after buying an additional 195 shares during the quarter. Gateway Wealth Partners LLC’s holdings in CrowdStrike were worth $314,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Berbice Capital Management LLC acquired a new stake in CrowdStrike in the 4th quarter valued at $27,000. Fortitude Family Office LLC grew its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in shares of CrowdStrike during the 2nd quarter valued at about $38,000. Oakworth Capital Inc. purchased a new stake in shares of CrowdStrike during the 3rd quarter valued at about $28,000. Finally, Tsfg LLC lifted its position in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now directly owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. The trade was a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,351 shares of company stock worth $38,935,113 over the last ninety days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Trading Down 2.8 %

Shares of CRWD stock opened at $397.07 on Thursday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $411.30. The firm has a market capitalization of $97.80 billion, a PE ratio of 778.58, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. The stock has a fifty day moving average of $360.37 and a two-hundred day moving average of $311.65. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CRWD shares. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research report on Thursday, October 17th. Hsbc Global Res lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Oppenheimer boosted their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Morgan Stanley raised their target price on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, Evercore ISI boosted their price target on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $369.00.

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.