Ashton Thomas Private Wealth LLC Buys 1,103 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Ashton Thomas Private Wealth LLC increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 9.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,489 shares of the company’s stock after acquiring an additional 1,103 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in CrowdStrike were worth $4,273,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Jacobi Capital Management LLC raised its stake in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after acquiring an additional 25 shares in the last quarter. Synergy Financial Group LTD raised its stake in shares of CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after acquiring an additional 30 shares in the last quarter. M3 Advisory Group LLC raised its stake in shares of CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares in the last quarter. Advisor OS LLC raised its stake in shares of CrowdStrike by 2.5% during the fourth quarter. Advisor OS LLC now owns 1,312 shares of the company’s stock worth $449,000 after acquiring an additional 32 shares in the last quarter. Finally, Meridian Financial Partners LLC raised its stake in shares of CrowdStrike by 0.6% during the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after acquiring an additional 33 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD opened at $333.50 on Friday. The business’s fifty day simple moving average is $387.07 and its two-hundred day simple moving average is $338.55. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a market cap of $82.14 billion, a price-to-earnings ratio of 653.93, a P/E/G ratio of 17.86 and a beta of 1.19.

Analyst Ratings Changes

Several analysts have issued reports on CRWD shares. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Barclays cut their price target on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating for the company in a research report on Wednesday. Wedbush lifted their price target on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday. Truist Financial lifted their price target on CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average price target of $400.10.

Insiders Place Their Bets

In other news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares in the company, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the sale, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. This trade represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 100,315 shares of company stock valued at $38,387,254. 4.34% of the stock is owned by 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.