Vise Technologies Inc. Purchases 1,137 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Vise Technologies Inc. boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 74.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,672 shares of the company's stock after acquiring an additional 1,137 shares during the period. Vise Technologies Inc.'s holdings in CrowdStrike were worth $914,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FSA Wealth Management LLC boosted its stake in shares of CrowdStrike by 11.2% during the fourth quarter. FSA Wealth Management LLC now owns 228 shares of the company's stock valued at $78,000 after purchasing an additional 23 shares during the period. Jacobi Capital Management LLC boosted its stake 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 purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC boosted its stake 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 purchasing an additional 27 shares during the period. Wintrust Investments LLC boosted its stake in shares of CrowdStrike by 4.2% during the fourth quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after purchasing an additional 29 shares during the period. Finally, Greenwich Wealth Management LLC boosted its stake in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company's stock valued at $265,000 after purchasing an additional 30 shares during the period. Institutional investors own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Canaccord Genuity Group lifted their price objective on CrowdStrike from $370.00 to $420.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Baird R W downgraded CrowdStrike from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd. Guggenheim restated a "neutral" rating on shares of CrowdStrike in a report on Wednesday, March 5th. Jefferies Financial Group restated a "buy" rating on shares of CrowdStrike in a report on Wednesday, May 7th. Finally, Evercore ISI lifted their price objective on CrowdStrike from $400.00 to $450.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $403.83.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Gerhard Watzinger sold 10,000 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $449.00, for a total value of $4,490,000.00. Following the completion of the transaction, the director now owns 49,500 shares in the company, valued at approximately $22,225,500. This represents a 16.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shawn Henry sold 4,500 shares of the company's stock in a transaction dated 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 transaction, the insider now owns 89,714 shares of the company's stock, valued at approximately $31,669,042. This trade represents a 4.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 185,431 shares of company stock worth $74,472,548 over the last quarter. Insiders own 3.32% of the company's stock.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $455.59 on Friday. The business's 50 day moving average price is $395.04 and its 200 day moving average price is $379.54. The firm has a market cap of $112.93 billion, a P/E ratio of 893.33, a P/E/G ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $459.93. 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 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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