CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stake Raised by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 6.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 21,024 shares of the company's stock after purchasing an additional 1,196 shares during the period. Integrated Wealth Concepts LLC's holdings in CrowdStrike were worth $7,193,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike during the 4th quarter valued at $27,000. Fortitude Family Office LLC raised its stake in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company's stock worth $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. raised its stake in CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company's stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike during the 4th quarter valued at about $34,000. Finally, Crowley Wealth Management Inc. purchased a new position in shares of CrowdStrike during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 71.16% of the company's stock.

CrowdStrike Trading Up 1.5 %

Shares of CRWD traded up $6.43 during mid-day trading on Tuesday, hitting $429.51. The company had a trading volume of 929,256 shares, compared to its average volume of 5,040,746. The business's 50-day simple moving average is $369.42 and its 200-day simple moving average is $362.82. 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 $455.59. The stock has a market cap of $106.46 billion, a PE ratio of 840.69, a P/E/G ratio of 17.86 and a beta of 1.28.

Insider Buying and Selling

In other news, CAO Anurag Saha sold 1,496 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gerhard Watzinger sold 10,500 shares of CrowdStrike stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $409.00, for a total value of $4,294,500.00. Following the completion of the transaction, the director now owns 42,391 shares of the company's stock, valued at $17,337,919. This trade represents a 19.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 132,875 shares of company stock valued at $50,491,736. Insiders own 4.34% of the company's stock.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of analyst reports. BTIG Research upgraded CrowdStrike from a "neutral" rating to a "buy" rating and set a $431.00 target price on the stock in a research report on Tuesday, March 25th. JPMorgan Chase & Co. raised their target price on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Jefferies Financial Group dropped their target price on CrowdStrike from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Royal Bank of Canada restated an "outperform" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Finally, Roth Capital assumed coverage on CrowdStrike in a research report on Wednesday, April 23rd. They set a "buy" rating and a $410.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, CrowdStrike currently has a consensus rating of "Moderate Buy" and an average price target of $400.76.

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.