Abundance Wealth Counselors Buys Shares of 731 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Abundance Wealth Counselors purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 731 shares of the company’s stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Anchor Investment Management LLC increased its position in shares of CrowdStrike by 130.0% in the second quarter. Anchor Investment Management LLC now owns 230 shares of the company’s stock valued at $88,000 after buying an additional 130 shares in the last quarter. Centaurus Financial Inc. raised its position in CrowdStrike by 211.0% during the second quarter. Centaurus Financial Inc. now owns 2,435 shares of the company’s stock worth $933,000 after acquiring an additional 1,652 shares during the last quarter. Central Pacific Bank Trust Division grew its position in shares of CrowdStrike by 59.0% in the third quarter. Central Pacific Bank Trust Division now owns 3,100 shares of the company’s stock valued at $869,000 after purchasing an additional 1,150 shares during the last quarter. Czech National Bank increased its stake in shares of CrowdStrike by 7.0% during the 3rd quarter. Czech National Bank now owns 47,033 shares of the company’s stock worth $13,191,000 after purchasing an additional 3,084 shares in the last quarter. Finally, Unique Wealth LLC grew its holdings in CrowdStrike by 13.5% during the 3rd quarter. Unique Wealth LLC now owns 741 shares of the company’s stock valued at $208,000 after buying an additional 88 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This trade represents a 3.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now directly owns 42,391 shares of the company’s stock, valued at $14,791,491.63. This trade represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock valued at $38,935,113 in the last quarter. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 0.3 %

Shares of NASDAQ:CRWD opened at $398.07 on Friday. The business has a 50 day moving average of $362.61 and a 200-day moving average of $312.98. The stock has a market cap of $98.05 billion, a PE ratio of 780.54, a P/E/G ratio of 21.08 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $411.30. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Analyst Ratings Changes

CRWD has been the subject of several analyst reports. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Morgan Stanley boosted their price target on CrowdStrike from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Jefferies Financial Group upped their target price on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Rosenblatt Securities raised their price target on CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, Citigroup upped their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $369.00.

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.