Aviso Wealth Management Sells 95 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Aviso Wealth Management cut its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,452 shares of the company’s stock after selling 95 shares during the period. Aviso Wealth Management’s holdings in CrowdStrike were worth $1,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in CRWD. Berbice Capital Management LLC bought a new stake in CrowdStrike in the 4th quarter valued at about $27,000. FPC Investment Advisory Inc. increased its stake in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Fortitude Family Office LLC raised its position 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 purchasing an additional 44 shares during the period. Crowley Wealth Management Inc. purchased a new stake in shares of CrowdStrike during the 4th quarter valued at approximately $34,000. Finally, Luken Investment Analytics LLC bought a new position in CrowdStrike in the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 3.3 %

CrowdStrike stock opened at $384.95 on Wednesday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The business’s fifty day simple moving average is $387.90 and its two-hundred day simple moving average is $347.04. The company has a market capitalization of $95.42 billion, a price-to-earnings ratio of 754.82, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Barclays dropped their target price on CrowdStrike from $506.00 to $475.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 5th. Evercore ISI increased their price objective on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. lifted their target price on CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Wednesday, March 5th. Finally, Citigroup reaffirmed a “buy” rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $400.26.

Insider Buying and Selling

In related news, insider Shawn Henry sold 2,547 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $365.96, for a total value of $932,100.12. Following the transaction, the insider now directly owns 82,071 shares of the company’s stock, valued at approximately $30,034,703.16. This represents a 3.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 2,858 shares of CrowdStrike stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the completion of the sale, the chief accounting officer now directly owns 38,201 shares of the company’s stock, valued at approximately $13,916,242.29. The trade was a 6.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 113,659 shares of company stock worth $43,133,396 in the last quarter. Corporate insiders own 4.34% of the company’s stock.

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.