Heck Capital Advisors LLC Takes $628,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Heck Capital Advisors LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,834 shares of the company's stock, valued at approximately $628,000.

Other institutional investors have also modified their holdings of the company. FPC Investment Advisory Inc. raised its position in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock valued at $28,000 after buying an additional 73 shares during the period. Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike during the 4th quarter worth about $34,000. Crowley Wealth Management Inc. bought a new stake in CrowdStrike during the 4th quarter valued at approximately $34,000. Millstone Evans Group LLC bought a new stake in CrowdStrike during the 4th quarter valued at approximately $34,000. Finally, Bellwether Advisors LLC bought a new stake in CrowdStrike during the 4th quarter valued at approximately $37,000. Institutional investors and hedge funds own 71.16% of the company's stock.

CrowdStrike Trading Down 0.7%

Shares of CrowdStrike stock traded down $3.39 on Wednesday, hitting $468.83. The stock had a trading volume of 2,881,699 shares, compared to its average volume of 5,117,824. 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 one year low of $200.81 and a one year high of $474.41. The stock has a market cap of $116.21 billion, a price-to-earnings ratio of 919.29, a PEG ratio of 17.86 and a beta of 1.22. The stock's 50-day simple moving average is $398.71 and its two-hundred day simple moving average is $381.40.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Piper Sandler set a $347.00 price objective on CrowdStrike in a research report on Wednesday, March 5th. Royal Bank of Canada reaffirmed an "outperform" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Barclays increased their price objective on CrowdStrike from $475.00 to $500.00 and gave the company an "overweight" rating in a research report on Wednesday. Mizuho lowered CrowdStrike from an "outperform" rating to a "neutral" rating and set a $425.00 price target on the stock. in a research report on Thursday, May 15th. Finally, Stephens started coverage on CrowdStrike in a report on Tuesday, April 1st. They set an "overweight" rating and a $450.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, CrowdStrike presently has an average rating of "Moderate Buy" and an average price target of $404.43.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. The trade was a 3.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the transaction, the director now directly owns 768,092 shares in the company, valued at approximately $248,984,702.72. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 185,431 shares of company stock worth $74,472,548. Insiders own 3.32% 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.