CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 31.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 30,946 shares of the company’s stock after buying an additional 7,398 shares during the period. Steward Partners Investment Advisory LLC’s holdings in CrowdStrike were worth $10,588,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CRWD. Mission Wealth Management LP increased its stake in shares of CrowdStrike by 7.3% during the fourth quarter. Mission Wealth Management LP now owns 12,248 shares of the company’s stock valued at $4,191,000 after acquiring an additional 837 shares during the period. Fidelis Capital Partners LLC boosted its stake in CrowdStrike by 106.4% during the 4th quarter. Fidelis Capital Partners LLC now owns 2,401 shares of the company’s stock valued at $822,000 after purchasing an additional 1,238 shares in the last quarter. LGT Group Foundation increased its position in shares of CrowdStrike by 4.1% during the 4th quarter. LGT Group Foundation now owns 40,042 shares of the company’s stock valued at $13,701,000 after purchasing an additional 1,559 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of CrowdStrike in the 4th quarter worth $11,342,000. Finally, Jones Financial Companies Lllp raised its stake in shares of CrowdStrike by 14.5% in the 4th quarter. Jones Financial Companies Lllp now owns 52,221 shares of the company’s stock worth $17,868,000 after buying an additional 6,596 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total value of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the transaction, the director now directly owns 780,592 shares of the company’s stock, valued at $334,194,852.96. This represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 100,315 shares of company stock worth $38,387,254. 4.34% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. CICC Research started coverage on shares of CrowdStrike in a report on Monday, November 18th. They issued a “market perform” rating and a $295.00 target price on the stock. HSBC lowered shares of CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price for the company. in a research note on Wednesday, November 27th. Royal Bank of Canada lifted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Finally, Citigroup reiterated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $391.75.

CrowdStrike Trading Up 1.9 %

Shares of CRWD stock opened at $390.16 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 market cap of $96.10 billion, a PE ratio of 765.03, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average is $387.85 and its two-hundred day moving average is $337.82.

About CrowdStrike

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.