Elyxium Wealth LLC Invests $370,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Elyxium Wealth LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,080 shares of the company's stock, valued at approximately $370,000.

A number of other institutional investors have also recently bought and sold shares of CRWD. FSA Wealth Management LLC boosted its stake in shares of CrowdStrike by 11.2% in the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock valued at $78,000 after purchasing an additional 23 shares in the last quarter. Jacobi Capital Management LLC boosted its stake in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company's stock valued at $448,000 after purchasing an additional 25 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake 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 in the last quarter. Wintrust Investments LLC boosted its stake in shares of CrowdStrike by 4.2% during 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 boosted its stake in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Insider Transactions at CrowdStrike

In related news, CFO Burt W. Podbere sold 13,529 shares of the stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.10, for a total value of $4,844,734.90. Following the completion of the transaction, the chief financial officer now owns 244,739 shares of the company's stock, valued at approximately $87,641,035.90. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction dated 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 transaction, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 189,431 shares of company stock valued at $76,275,228. 4.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRWD. BTIG Research upgraded shares of CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price on the stock in a report on Tuesday, March 25th. Wells Fargo & Company increased their price objective on shares of CrowdStrike from $400.00 to $430.00 and gave the company an "overweight" rating in a research note on Wednesday, March 5th. Rosenblatt Securities reiterated a "buy" rating and issued a $450.00 price objective on shares of CrowdStrike in a research note on Thursday. Bank of America increased 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, UBS Group decreased their price objective on shares of CrowdStrike from $450.00 to $425.00 and set a "buy" rating for the company in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $403.20.

CrowdStrike Trading Up 4.6%

CRWD traded up $18.87 during trading hours on Monday, reaching $429.44. The company's stock had a trading volume of 3,275,771 shares, compared to its average volume of 5,094,754. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The stock has a market cap of $106.45 billion, a PE ratio of 842.06, a P/E/G ratio of 17.86 and a beta of 1.22. The business's 50-day moving average is $376.01 and its 200-day moving average is $370.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.