United Advisor Group LLC Takes $242,000 Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

United Advisor Group LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 707 shares of the company's stock, valued at approximately $242,000.

A number of other institutional investors have also recently bought and sold shares of the business. Primoris Wealth Advisors LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $2,166,000. Arcadia Investment Management Corp MI raised its stake in shares of CrowdStrike by 30.8% during the 4th 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 in the last quarter. Greenleaf Trust raised its stake in shares of CrowdStrike by 53.4% during 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 raised its stake in shares of CrowdStrike by 2,140.3% during 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 stake in shares of CrowdStrike during the 4th quarter worth about $336,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $353.00, for a total transaction of $1,588,500.00. Following the completion of the sale, the insider now owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,496 shares of the company's 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 transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at $12,969,492.30. This trade represents a 3.97% 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 Price Performance

CrowdStrike stock traded down $3.39 during mid-day trading on Wednesday, hitting $468.83. 2,884,256 shares of the company were exchanged, compared to its average volume of 5,125,393. The business has a fifty day moving average of $398.71 and a 200 day moving average of $381.40. 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 1-year low of $200.81 and a 1-year high of $474.41. The company has a market capitalization of $116.21 billion, a PE ratio of 919.29, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Mizuho downgraded CrowdStrike from an "outperform" rating to a "neutral" rating and set a $425.00 price target for the company. in a research note on Thursday, May 15th. Piper Sandler set a $347.00 price target on CrowdStrike in a research note on Wednesday, March 5th. DZ Bank downgraded CrowdStrike from a "strong-buy" rating to a "strong sell" rating and set a $370.00 price target for the company. in a research note on Thursday, May 22nd. Robert W. Baird cut their price objective on CrowdStrike from $440.00 to $405.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 5th. Finally, BTIG Research reissued a "buy" rating on shares of CrowdStrike in a research note on Thursday, May 22nd. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $404.43.

CrowdStrike 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.