Intellus Advisors LLC Makes New $590,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Intellus Advisors LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,725 shares of the company’s stock, valued at approximately $590,000.

Other large investors have also recently modified their holdings of the company. Berbice Capital Management LLC bought a new position in CrowdStrike during the 4th quarter worth $27,000. Fortitude Family Office LLC increased 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 during the period. FPC Investment Advisory Inc. raised 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. Luken Investment Analytics LLC bought a new stake in CrowdStrike in the fourth quarter valued at approximately $34,000. Finally, Millstone Evans Group LLC acquired a new stake in CrowdStrike during the 4th quarter valued at approximately $34,000. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CRWD. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Truist Financial upped their price target on shares of CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. Robert W. Baird lowered their price objective on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research report on Wednesday, March 5th. Evercore ISI upped their target price on CrowdStrike from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th. Finally, Wedbush lifted their target price on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $399.51.

Insiders Place Their Bets

In other 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 value of $667,810.98. Following the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 4,500 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares of the company’s stock, valued at $31,669,042. The trade was a 4.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,315 shares of company stock valued at $38,319,124. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock opened at $362.24 on Friday. 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 firm has a 50-day moving average of $386.53 and a 200-day moving average of $344.11. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59. The company has a market cap of $89.79 billion, a P/E ratio of 710.29, a P/E/G ratio of 17.86 and a beta of 1.19.

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.