PKS Advisory Services LLC Buys Shares of 680 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

PKS Advisory Services LLC purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 680 shares of the company’s stock, valued at approximately $233,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new position in CrowdStrike in the 4th quarter worth about $27,000. FPC Investment Advisory Inc. grew 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 acquiring an additional 73 shares during the period. Fortitude Family Office LLC raised its holdings in shares of CrowdStrike by 112.8% during 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 last quarter. Crowley Wealth Management Inc. bought a new position in CrowdStrike during the fourth quarter valued at approximately $34,000. Finally, Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the fourth quarter worth approximately $34,000. 71.16% of the stock is owned by institutional investors.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CRWD. Truist Financial boosted their target price on shares of CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Mizuho upped their price objective on CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Evercore ISI raised their target price on CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Stifel Nicolaus reduced their price target on shares of CrowdStrike from $475.00 to $435.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th. Finally, Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $400.26.

CrowdStrike Trading Up 3.3 %

Shares of CRWD opened at $384.95 on Wednesday. The stock has a market capitalization of $95.42 billion, a PE ratio of 754.82, a P/E/G ratio of 17.86 and a beta of 1.19. The company’s fifty day moving average is $387.90 and its 200 day moving average is $347.04. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.

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.