New Insight Wealth Advisors Buys New Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

New Insight Wealth Advisors purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 617 shares of the company’s stock, valued at approximately $211,000.

Several other large investors also recently bought and sold shares of CRWD. Berbice Capital Management LLC acquired a new stake in CrowdStrike during the 4th quarter valued at $27,000. FPC Investment Advisory Inc. increased its position in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in 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 purchasing an additional 44 shares during the last quarter. Luken Investment Analytics LLC acquired a new stake in CrowdStrike during the 4th quarter valued at approximately $34,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at approximately $42,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In other news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred 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 transaction, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,315 shares of company stock worth $38,387,254 in the last quarter. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Trading Down 4.1 %

Shares of CRWD stock opened at $333.50 on Monday. The business’s 50 day moving average is $387.07 and its two-hundred day moving average is $339.51. The company has a quick ratio of 1.86, a current 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 PE ratio of 653.93, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. CICC Research initiated coverage on shares of CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 price target on the stock. Hsbc Global Res downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. BMO Capital Markets upped their price objective on CrowdStrike from $380.00 to $405.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Mizuho lifted their target price on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Finally, Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $400.10.

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.