EverSource Wealth Advisors LLC Has $5.71 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

EverSource Wealth Advisors LLC increased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,685 shares of the company’s stock after acquiring an additional 167 shares during the period. EverSource Wealth Advisors LLC’s holdings in CrowdStrike were worth $5,709,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CRWD. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC grew its position in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. lifted its stake in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the 4th quarter worth approximately $34,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of CrowdStrike in the 3rd quarter worth approximately $38,000. 71.16% of the stock is owned by institutional investors.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,863 shares of the firm’s 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 completion of the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO George Kurtz sold 18,071 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the transaction, the chief executive officer now directly owns 2,159,935 shares in the company, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,315 shares of company stock valued at $38,387,254 in the last ninety days. Corporate insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Raymond James lowered CrowdStrike from an “outperform” rating to a “cautious” rating in a research note on Monday. Needham & Company LLC reissued a “buy” rating and issued a $420.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Mizuho lifted their price objective on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. CICC Research initiated coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price target on the stock. Finally, HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price objective for the company. in a report on Wednesday, November 27th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $398.78.

CrowdStrike Stock Up 6.8 %

Shares of CRWD opened at $329.75 on Wednesday. The stock has a market capitalization of $81.22 billion, a PE ratio of 646.58, a P/E/G ratio of 17.86 and a beta of 1.19. The company’s 50-day simple moving average is $386.01 and its 200-day simple moving average is $340.21. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59.

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.