Proactive Wealth Strategies LLC Has $775,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Proactive Wealth Strategies LLC raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 94.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,264 shares of the company’s stock after acquiring an additional 1,100 shares during the quarter. Proactive Wealth Strategies LLC’s holdings in CrowdStrike were worth $775,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Atria Wealth Solutions Inc. lifted its stake in shares of CrowdStrike by 14.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 33,801 shares of the company’s stock valued at $11,565,000 after buying an additional 4,378 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in CrowdStrike by 165.0% during the fourth quarter. Venturi Wealth Management LLC now owns 5,156 shares of the company’s stock worth $1,764,000 after buying an additional 3,210 shares during the last quarter. D.A. Davidson & CO. increased its stake in shares of CrowdStrike by 2.9% in the fourth quarter. D.A. Davidson & CO. now owns 37,910 shares of the company’s stock worth $12,971,000 after purchasing an additional 1,052 shares in the last quarter. Empower Advisory Group LLC increased its stake in shares of CrowdStrike by 5.3% in the fourth quarter. Empower Advisory Group LLC now owns 4,174 shares of the company’s stock worth $1,428,000 after purchasing an additional 210 shares in the last quarter. Finally, Truist Financial Corp increased its stake in shares of CrowdStrike by 5.4% in the fourth quarter. Truist Financial Corp now owns 160,818 shares of the company’s stock worth $55,025,000 after purchasing an additional 8,168 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Rosenblatt Securities raised their price objective on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Jefferies Financial Group lifted their target price on shares of CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Barclays lifted their target price on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Finally, The Goldman Sachs Group boosted their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $376.00.

CrowdStrike Stock Down 0.4 %

CRWD opened at $451.74 on Tuesday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $454.13. 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 has a market cap of $111.27 billion, a P/E ratio of 885.78, a P/E/G ratio of 17.22 and a beta of 1.16. The stock’s 50 day moving average price is $376.70 and its 200 day moving average price is $323.50.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 17,120 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the completion of the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gerhard Watzinger sold 30,000 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the sale, the director now directly owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 132,565 shares of company stock valued at $49,235,849. 4.34% of the stock is owned by corporate insiders.

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.