Capital Advisors Wealth Management LLC Purchases 255 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Capital Advisors Wealth Management LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,559 shares of the company’s stock after purchasing an additional 255 shares during the period. Capital Advisors Wealth Management LLC’s holdings in CrowdStrike were worth $1,560,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Retireful LLC acquired a new position in CrowdStrike in the fourth quarter valued at approximately $559,000. Ritholtz Wealth Management raised its position in shares of CrowdStrike by 39.8% during the 4th quarter. Ritholtz Wealth Management now owns 3,088 shares of the company’s stock valued at $1,057,000 after acquiring an additional 879 shares during the last quarter. Carnegie Investment Counsel lifted its stake in shares of CrowdStrike by 111.3% in the 4th quarter. Carnegie Investment Counsel now owns 19,695 shares of the company’s stock valued at $6,739,000 after purchasing an additional 10,375 shares during the period. Inspirion Wealth Advisors LLC lifted its stake in shares of CrowdStrike by 4.2% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 1,238 shares of the company’s stock valued at $446,000 after purchasing an additional 50 shares during the period. Finally, Gateway Investment Advisers LLC boosted its position in shares of CrowdStrike by 16.2% in the 4th quarter. Gateway Investment Advisers LLC now owns 35,750 shares of the company’s stock worth $12,232,000 after purchasing an additional 4,988 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CRWD shares. Wells Fargo & Company upped their price objective on CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. JPMorgan Chase & Co. upped their price target on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Citigroup lifted their price objective on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. JMP Securities restated a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a report on Monday, November 4th. Finally, The Goldman Sachs Group increased their target price on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, December 24th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $365.88.

CrowdStrike Trading Up 0.4 %

NASDAQ CRWD opened at $363.38 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. 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 50 day moving average of $354.67 and a 200-day moving average of $312.81. The company has a market cap of $89.50 billion, a PE ratio of 712.52, a PEG ratio of 18.55 and a beta of 1.14.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now directly owns 120,298 shares in the company, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the transaction, the director now directly owns 816,730 shares in the company, valued at $261,745,630.40. The trade was a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,351 shares of company stock valued at $38,935,113. 4.34% of the stock is currently owned by corporate insiders.

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.