Wise Wealth Partners Purchases Shares of 863 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Wise Wealth Partners bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 863 shares of the company's stock, valued at approximately $295,000.

Other institutional investors also recently added to or reduced their stakes in the company. FSA Wealth Management LLC grew its position in CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after buying an additional 23 shares in the last quarter. Jacobi Capital Management LLC grew its holdings in shares of CrowdStrike by 1.9% during the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock worth $448,000 after purchasing an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position in shares of CrowdStrike by 1.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock valued at $675,000 after purchasing an additional 27 shares during the period. Wintrust Investments LLC raised its stake in shares of CrowdStrike by 4.2% in the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after purchasing an additional 29 shares in the last quarter. Finally, Greenwich Wealth Management LLC lifted its position in CrowdStrike by 4.0% in the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock worth $265,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 71.16% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Susquehanna raised their price objective on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a report on Wednesday, March 5th. Barclays cut their price target on shares of CrowdStrike from $506.00 to $475.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. Piper Sandler set a $347.00 price objective on CrowdStrike in a research note on Wednesday, March 5th. Truist Financial lowered their target price on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Finally, Baird R W lowered shares of CrowdStrike from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $400.76.

CrowdStrike Stock Up 0.7 %

Shares of NASDAQ CRWD traded up $3.01 during mid-day trading on Thursday, reaching $431.88. 3,069,744 shares of the company's stock were exchanged, compared to its average volume of 5,067,971. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. 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 firm has a market capitalization of $107.05 billion, a price-to-earnings ratio of 846.84, a PEG ratio of 17.86 and a beta of 1.28. The business has a fifty day simple moving average of $370.57 and a 200 day simple moving average of $364.59.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $412.39, for a total value of $2,577,437.50. Following the transaction, the director now directly owns 805,592 shares of the company's stock, valued at $332,218,084.88. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 132,875 shares of company stock worth $50,491,736. Company insiders own 4.34% of the company's stock.

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.