CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 145.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,602 shares of the company's stock after purchasing an additional 5,697 shares during the quarter. Kovitz Investment Group Partners LLC's holdings in CrowdStrike were worth $3,286,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Resource Group raised its position in CrowdStrike by 37.9% in the 3rd quarter. Advisory Resource Group now owns 4,025 shares of the company's stock valued at $1,129,000 after purchasing an additional 1,106 shares in the last quarter. Westside Investment Management Inc. raised its position in CrowdStrike by 44.7% in the 3rd quarter. Westside Investment Management Inc. now owns 4,988 shares of the company's stock valued at $1,397,000 after purchasing an additional 1,542 shares in the last quarter. SOA Wealth Advisors LLC. raised its position in CrowdStrike by 25.5% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 241 shares of the company's stock valued at $68,000 after purchasing an additional 49 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its position in CrowdStrike by 6.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 3,865 shares of the company's stock valued at $1,084,000 after purchasing an additional 236 shares in the last quarter. Finally, World Investment Advisors LLC raised its position in CrowdStrike by 24.7% in the 3rd quarter. World Investment Advisors LLC now owns 2,514 shares of the company's stock valued at $705,000 after purchasing an additional 498 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company's stock.

Insiders Place Their Bets

In other CrowdStrike news, President Michael Sentonas sold 13,543 shares of CrowdStrike stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $4,856,790.66. Following the completion of the transaction, the president now owns 405,308 shares of the company's stock, valued at $145,351,554.96. The trade was a 3.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the business's stock in a transaction on 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 transaction, the insider now directly owns 94,214 shares of the company's stock, valued at approximately $42,459,423.38. This trade represents a 4.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 132,875 shares of company stock valued at $50,491,736 over the last 90 days. 4.34% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of analyst reports. Wedbush increased their price target on CrowdStrike from $390.00 to $395.00 and gave the company an "outperform" rating in a research report on Wednesday, March 5th. BMO Capital Markets lifted their target price on CrowdStrike from $380.00 to $405.00 and gave the company an "outperform" rating in a research note on Wednesday, March 5th. BTIG Research upgraded CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price on the stock in a research note on Tuesday, March 25th. Barclays lowered their target price on CrowdStrike from $506.00 to $475.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 5th. Finally, Robert W. Baird lowered their target price on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. Two research 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 has an average rating of "Moderate Buy" and a consensus price target of $400.76.

CrowdStrike Stock Down 0.5 %

Shares of NASDAQ:CRWD traded down $2.23 during midday trading on Wednesday, reaching $428.76. The company had a trading volume of 2,452,862 shares, compared to its average volume of 5,051,009. The stock has a market capitalization of $106.28 billion, a P/E ratio of 840.72, a PEG ratio of 17.86 and a beta of 1.28. The stock's fifty day moving average price is $369.32 and its 200-day moving average price is $363.30. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

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.