CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 99.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,124 shares of the company's stock after acquiring an additional 1,057 shares during the quarter. Waverly Advisors LLC's holdings in CrowdStrike were worth $727,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. FSA Wealth Management LLC increased its stake in CrowdStrike by 11.2% in the 4th quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock worth $78,000 after purchasing an additional 23 shares in the last quarter. Jacobi Capital Management LLC raised its holdings 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 acquiring an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC raised its holdings 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 acquiring an additional 27 shares during the period. Wintrust Investments LLC lifted its position in shares of CrowdStrike by 4.2% in the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after acquiring an additional 29 shares in the last quarter. Finally, Greenwich Wealth Management LLC grew its position in CrowdStrike by 4.0% during the 4th quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock worth $265,000 after purchasing an additional 30 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $455.59 on Friday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $459.93. The company has a market cap of $112.93 billion, a price-to-earnings ratio of 893.33, a PEG ratio of 17.86 and a beta of 1.22. The firm's 50-day moving average is $395.04 and its 200-day moving average is $379.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86.

Insider Buying and Selling at CrowdStrike

In other news, CEO George Kurtz sold 55,556 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $447.54, for a total transaction of $24,863,532.24. Following the sale, the chief executive officer now directly owns 2,192,610 shares in the company, valued at approximately $981,280,679.40. The trade was a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm's stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total value of $2,026,000.00. Following the completion of the transaction, the director now directly owns 768,092 shares of the company's stock, valued at approximately $248,984,702.72. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 185,431 shares of company stock valued at $74,472,548 in the last quarter. Corporate insiders own 3.32% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CRWD shares. Morgan Stanley increased their target price on CrowdStrike from $415.00 to $455.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. DA Davidson upped their price objective on shares of CrowdStrike from $395.00 to $415.00 and gave the company a "buy" rating in a research note on Wednesday, March 5th. Wells Fargo & Company lifted their target price 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. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $440.00 price target on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Canaccord Genuity Group lifted their price objective on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Three investment 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. According to data from MarketBeat, CrowdStrike currently has an average rating of "Moderate Buy" and an average target price of $403.83.

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.

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