PrairieView Partners LLC Purchases 40 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

PrairieView Partners LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 9.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 452 shares of the company’s stock after purchasing an additional 40 shares during the quarter. PrairieView Partners LLC’s holdings in CrowdStrike were worth $154,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CRWD. Ritholtz Wealth Management increased its holdings in shares of CrowdStrike by 2.1% in the third quarter. Ritholtz Wealth Management now owns 2,209 shares of the company’s stock worth $620,000 after purchasing an additional 45 shares during the period. Procyon Advisors LLC increased its stake in CrowdStrike by 11.0% in the third quarter. Procyon Advisors LLC now owns 1,785 shares of the company’s stock valued at $501,000 after acquiring an additional 177 shares during the last quarter. Creative Planning increased its stake in CrowdStrike by 9.2% in the third quarter. Creative Planning now owns 173,349 shares of the company’s stock valued at $48,619,000 after acquiring an additional 14,609 shares during the last quarter. Prospect Financial Services LLC increased its stake in CrowdStrike by 22.1% in the third quarter. Prospect Financial Services LLC now owns 1,976 shares of the company’s stock valued at $554,000 after acquiring an additional 357 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC increased its stake in CrowdStrike by 73.8% in the third quarter. Capital Advisors Wealth Management LLC now owns 4,304 shares of the company’s stock valued at $1,207,000 after acquiring an additional 1,828 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 0.7 %

Shares of CrowdStrike stock opened at $434.63 on Thursday. The company has a fifty day simple moving average of $371.79 and a 200-day simple moving average of $319.16. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $437.60. 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 stock has a market cap of $107.05 billion, a price-to-earnings ratio of 852.23, a PEG ratio of 17.22 and a beta of 1.16.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Truist Financial increased their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the stock a “buy” rating in a report on Wednesday. Oppenheimer increased their target price on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Citigroup increased their target price on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Finally, Wedbush set a $330.00 target price on shares of CrowdStrike in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $376.00.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the sale, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the transaction, the president now owns 389,589 shares of the company’s stock, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 136,565 shares of company stock worth $50,597,609 in the last 90 days. Company 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.