Green Alpha Advisors LLC Purchases 562 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Green Alpha Advisors LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 15.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,276 shares of the company's stock after purchasing an additional 562 shares during the quarter. CrowdStrike makes up 1.6% of Green Alpha Advisors LLC's investment portfolio, making the stock its 15th largest position. Green Alpha Advisors LLC's holdings in CrowdStrike were worth $1,508,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Primoris Wealth Advisors LLC bought a new stake in CrowdStrike during the fourth quarter valued at $2,166,000. Arcadia Investment Management Corp MI lifted its stake in CrowdStrike by 30.8% during the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company's stock worth $4,090,000 after purchasing an additional 2,814 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of CrowdStrike by 53.4% in the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company's stock worth $1,015,000 after purchasing an additional 1,033 shares in the last quarter. Trifecta Capital Advisors LLC boosted its holdings in shares of CrowdStrike by 2,140.3% in the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company's stock worth $3,066,000 after purchasing an additional 8,561 shares in the last quarter. Finally, Delta Financial Group Inc. purchased a new position in shares of CrowdStrike in the 4th quarter worth about $336,000. Institutional investors own 71.16% of the company's stock.

CrowdStrike Stock Up 1.7%

CrowdStrike stock traded up $7.80 during mid-day trading on Monday, hitting $479.17. The company had a trading volume of 3,476,385 shares, compared to its average volume of 5,113,847. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $479.84. The company has a market capitalization of $118.77 billion, a PE ratio of 939.57, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The stock's 50 day moving average price is $404.18 and its two-hundred day moving average price is $384.17. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 10,000 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $469.00, for a total transaction of $4,690,000.00. Following the sale, the director now directly owns 39,500 shares in the company, valued at approximately $18,525,500. This trade represents a 20.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. This represents a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 195,431 shares of company stock valued at $79,162,548 in the last quarter. 3.32% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CRWD. Needham & Company LLC reiterated a "buy" rating and issued a $420.00 price objective on shares of CrowdStrike in a report on Wednesday, March 5th. UBS Group upped their price objective on CrowdStrike from $425.00 to $545.00 and gave the stock a "buy" rating in a report on Thursday. Susquehanna upped their price objective on CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a report on Wednesday, March 5th. BMO Capital Markets upped their price objective on CrowdStrike from $380.00 to $405.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Finally, Wedbush upped their price objective on CrowdStrike from $390.00 to $395.00 and gave the stock an "outperform" rating in a report on Wednesday, March 5th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $412.52.

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.