Aptus Capital Advisors LLC Has $1.71 Million Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Aptus Capital Advisors LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 37.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,999 shares of the company's stock after buying an additional 1,371 shares during the period. Aptus Capital Advisors LLC's holdings in CrowdStrike were worth $1,710,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CRWD. Empirical Asset Management LLC acquired a new position in CrowdStrike during the fourth quarter worth about $11,310,000. Primoris Wealth Advisors LLC acquired a new position in CrowdStrike during the fourth quarter worth $2,166,000. Arcadia Investment Management Corp MI grew its holdings in CrowdStrike by 30.8% in the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock valued at $4,090,000 after purchasing an additional 2,814 shares during the last quarter. Greenleaf Trust raised its stake in shares of CrowdStrike by 53.4% during the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company's stock worth $1,015,000 after buying an additional 1,033 shares during the last quarter. Finally, Trifecta Capital Advisors LLC boosted its position in shares of CrowdStrike by 2,140.3% in the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company's stock worth $3,066,000 after buying an additional 8,561 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Down 4.7 %

Shares of NASDAQ:CRWD traded down $20.69 on Wednesday, reaching $422.52. The company had a trading volume of 6,672,772 shares, compared to its average volume of 5,068,466. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $104.73 billion, a P/E ratio of 828.49, a P/E/G ratio of 17.86 and a beta of 1.22. The stock has a 50-day moving average price of $374.02 and a 200 day moving average price of $367.80. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $420.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Piper Sandler set a $347.00 price objective on shares of CrowdStrike in a research note on Wednesday, March 5th. Wedbush increased their price target on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Bank of America boosted their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Finally, KeyCorp lowered their price target on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, CrowdStrike currently has an average rating of "Moderate Buy" and an average price target of $403.20.

Insider Transactions at CrowdStrike

In other news, CEO George Kurtz sold 55,556 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $447.54, for a total value of $24,863,532.24. Following the sale, the chief executive officer now owns 2,192,610 shares in the company, valued at approximately $981,280,679.40. This trade represents a 2.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 214,431 shares of company stock worth $86,974,223. 4.34% of the stock is owned by insiders.

About CrowdStrike

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.