1,834 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Heck Capital Advisors LLC

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

Several other hedge funds and other institutional investors also recently modified their holdings of CRWD. FPC Investment Advisory Inc. grew its holdings in CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC purchased a new stake in CrowdStrike in the fourth quarter worth about $34,000. Crowley Wealth Management Inc. purchased a new stake in CrowdStrike in the fourth quarter worth about $34,000. Millstone Evans Group LLC purchased a new stake in CrowdStrike in the fourth quarter worth about $34,000. Finally, Bellwether Advisors LLC purchased a new stake in CrowdStrike in the fourth quarter worth about $37,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Stifel Nicolaus set a $480.00 target price on shares of CrowdStrike and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Royal Bank of Canada reiterated an "outperform" rating on shares of CrowdStrike in a research note on Wednesday, March 5th. BMO Capital Markets upped their target price on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Scotiabank reiterated a "sector perform" rating on shares of CrowdStrike in a research note on Wednesday, February 5th. Finally, Stephens assumed coverage on shares of CrowdStrike in a research note on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 target price on the stock. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, CrowdStrike has an average rating of "Moderate Buy" and a consensus price target of $403.83.

CrowdStrike Price Performance

CRWD stock traded up $16.63 during trading on Tuesday, hitting $472.22. 3,992,982 shares of the company's stock traded hands, compared to its average volume of 5,126,759. The business has a fifty day simple moving average of $396.65 and a 200 day simple moving average of $380.76. The stock has a market capitalization of $117.05 billion, a price-to-earnings ratio of 925.94, a P/E/G ratio of 17.86 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $474.19.

Insider Transactions at CrowdStrike

In related news, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction dated Friday, March 21st. The shares were 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 trade represents a 3.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Burt W. Podbere sold 16,000 shares of CrowdStrike stock in a transaction dated 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 sale, the chief financial officer now owns 249,653 shares of the company's stock, valued at $109,068,402.64. The trade was a 6.02% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 185,431 shares of company stock worth $74,472,548. 3.32% of the stock is currently owned by insiders.

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.