Total Wealth Planning & Management Inc. Acquires New Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Total Wealth Planning & Management Inc. bought a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 920 shares of the company's stock, valued at approximately $315,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CRWD. Avior Wealth Management LLC grew its position in CrowdStrike by 8.7% during the fourth quarter. Avior Wealth Management LLC now owns 1,137 shares of the company's stock valued at $389,000 after buying an additional 91 shares during the period. Brighton Jones LLC raised its stake in shares of CrowdStrike by 44.9% in the fourth quarter. Brighton Jones LLC now owns 7,803 shares of the company's stock valued at $2,670,000 after buying an additional 2,417 shares during the period. Dynamic Advisor Solutions LLC raised its stake in shares of CrowdStrike by 6.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 2,186 shares of the company's stock valued at $748,000 after buying an additional 127 shares during the period. Crescent Grove Advisors LLC raised its stake in shares of CrowdStrike by 59.9% in the fourth quarter. Crescent Grove Advisors LLC now owns 1,223 shares of the company's stock valued at $418,000 after buying an additional 458 shares during the period. Finally, High Net Worth Advisory Group LLC raised its stake in shares of CrowdStrike by 38.1% in the fourth quarter. High Net Worth Advisory Group LLC now owns 1,276 shares of the company's stock valued at $437,000 after buying an additional 352 shares during the period. Hedge funds and other institutional investors own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CRWD. Jefferies Financial Group reiterated a "buy" rating on shares of CrowdStrike in a research report on Wednesday, May 7th. Susquehanna increased their target price on shares of CrowdStrike from $400.00 to $425.00 and gave the stock a "positive" rating in a research report on Wednesday, March 5th. Westpark Capital reiterated a "hold" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Rosenblatt Securities reiterated a "buy" rating and set a $450.00 target price on shares of CrowdStrike in a research report on Thursday, May 8th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $420.00 target price on shares of CrowdStrike in a research report on Wednesday, March 5th. Three 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 stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $408.12.

CrowdStrike Trading Up 0.9%

NASDAQ:CRWD traded up $4.14 during midday trading on Friday, hitting $462.95. 1,481,943 shares of the company traded hands, compared to its average volume of 5,113,887. The firm's fifty day moving average is $402.56 and its 200-day moving average is $382.80. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $474.23. The firm has a market capitalization of $114.75 billion, a P/E ratio of 908.35, a P/E/G ratio of 17.86 and a beta of 1.22. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insiders Place Their Bets

In other news, President Michael Sentonas sold 13,543 shares of the firm's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $4,856,790.66. Following the transaction, the president now owns 405,308 shares in the company, valued at approximately $145,351,554.96. This trade represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gerhard Watzinger sold 10,000 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $469.00, for a total value of $4,690,000.00. Following the transaction, the director now owns 39,500 shares in the company, valued at approximately $18,525,500. This represents a 20.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 195,431 shares of company stock worth $79,162,548 over the last quarter. Company 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.