Crowley Wealth Management Inc. Takes $34,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Crowley Wealth Management Inc. bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 98 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors have also modified their holdings of the company. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at $27,000. FPC Investment Advisory Inc. increased its stake in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after buying an additional 73 shares during the period. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. Luken Investment Analytics LLC acquired a new position in CrowdStrike in the 4th quarter valued at $34,000. Finally, Millstone Evans Group LLC acquired a new position in CrowdStrike in the 4th quarter valued at $34,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CRWD shares. Barclays dropped their price objective on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price objective on shares of CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Cantor Fitzgerald reissued an “overweight” rating and issued a $440.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, DA Davidson upped their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $399.51.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the completion of the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 2,858 shares of the stock in a transaction that occurred on 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 sale, the chief accounting officer now directly owns 38,201 shares of the company’s stock, valued at approximately $13,916,242.29. This trade represents a 6.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,858 shares of company stock worth $21,288,706 in the last three months. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 1.8 %

Shares of CRWD stock opened at $362.24 on Monday. The firm has a market cap of $89.79 billion, a P/E ratio of 710.29, a PEG ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The firm’s 50-day simple moving average is $386.53 and its 200-day simple moving average is $345.25.

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.