CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,584 shares of the company's stock after purchasing an additional 2,352 shares during the period. Cetera Investment Advisers owned 0.06% of CrowdStrike worth $54,261,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CRWD. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter worth about $27,000. Fortitude Family Office LLC boosted its holdings in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after purchasing an additional 44 shares during the last quarter. FPC Investment Advisory Inc. grew its position in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after purchasing an additional 73 shares in the last quarter. Luken Investment Analytics LLC purchased a new position in CrowdStrike during the fourth quarter worth approximately $34,000. Finally, Crowley Wealth Management Inc. acquired a new position in CrowdStrike during the fourth quarter worth $34,000. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Stock Down 4.2 %

CrowdStrike stock traded down $17.90 during mid-day trading on Friday, hitting $410.73. The company had a trading volume of 4,689,624 shares, compared to its average volume of 5,092,281. The stock has a market cap of $101.81 billion, a price-to-earnings ratio of 805.37, a PEG ratio of 17.86 and a beta of 1.22. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The business has a fifty day moving average of $376.01 and a 200 day moving average of $369.70.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a "buy" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Citigroup reaffirmed an "outperform" rating on shares of CrowdStrike in a research report on Monday, May 5th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $440.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Raymond James downgraded CrowdStrike from an "outperform" rating to a "cautious" rating in a research report on Monday, March 10th. Finally, KeyCorp lowered their price target on CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, CrowdStrike presently has an average rating of "Moderate Buy" and a consensus price target of $403.20.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now owns 94,214 shares in the company, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Burt W. Podbere sold 16,000 shares of CrowdStrike stock in a transaction on Monday, May 5th. The shares were sold at an average price of $436.88, for a total transaction of $6,990,080.00. Following the completion of the transaction, the chief financial officer now owns 249,653 shares in the company, valued at approximately $109,068,402.64. This trade represents a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 206,551 shares of company stock valued at $83,604,814 in the last ninety days. Insiders own 4.34% of the company's stock.

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.