CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 23.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,364 shares of the company's stock after buying an additional 3,630 shares during the period. Stratos Wealth Partners LTD.'s holdings in CrowdStrike were worth $4,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stratos Wealth Advisors LLC grew its holdings in shares of CrowdStrike by 9.0% in the fourth quarter. Stratos Wealth Advisors LLC now owns 4,008 shares of the company's stock valued at $1,023,000 after purchasing an additional 331 shares in the last quarter. Venture Visionary Partners LLC grew its holdings in shares of CrowdStrike by 118.4% in the fourth quarter. Venture Visionary Partners LLC now owns 8,637 shares of the company's stock valued at $2,205,000 after purchasing an additional 4,683 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of CrowdStrike by 423.3% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 30,913 shares of the company's stock valued at $7,893,000 after purchasing an additional 25,006 shares in the last quarter. Allworth Financial LP grew its holdings in shares of CrowdStrike by 16.9% in the fourth quarter. Allworth Financial LP now owns 911 shares of the company's stock valued at $233,000 after purchasing an additional 132 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in CrowdStrike by 1.1% during the fourth quarter. Arkadios Wealth Advisors now owns 6,794 shares of the company's stock worth $1,735,000 after buying an additional 76 shares during the period. Institutional investors own 71.16% of the company's stock.


Analysts Set New Price Targets

Several research analysts have commented on CRWD shares. Susquehanna lifted their price objective on shares of CrowdStrike from $330.00 to $410.00 and gave the stock a "positive" rating in a research note on Thursday, March 7th. Truist Financial lifted their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the stock a "buy" rating in a research note on Wednesday, March 6th. TD Cowen lifted their price objective on shares of CrowdStrike from $340.00 to $400.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 6th. Sanford C. Bernstein started coverage on shares of CrowdStrike in a research note on Thursday, January 18th. They set an "outperform" rating and a $334.00 price objective for the company. Finally, Evercore ISI lifted their price objective on shares of CrowdStrike from $255.00 to $405.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 6th. One analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $373.29.

Check Out Our Latest Research Report on CRWD

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the transaction, the chief accounting officer now owns 36,136 shares in the company, valued at approximately $11,773,108.80. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total value of $331,990.20. Following the transaction, the chief accounting officer now owns 36,136 shares in the company, valued at approximately $11,773,108.80. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO George Kurtz sold 60,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $283.69, for a total transaction of $17,021,400.00. Following the completion of the transaction, the chief executive officer now owns 1,020,194 shares in the company, valued at approximately $289,418,835.86. The disclosure for this sale can be found here. Insiders sold 301,667 shares of company stock valued at $94,227,350 in the last three months. 5.68% of the stock is owned by insiders.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded up $6.31 during midday trading on Friday, hitting $315.50. The company had a trading volume of 1,736,407 shares, compared to its average volume of 2,784,658. The stock has a market cap of $76.31 billion, a price-to-earnings ratio of 876.41, a PEG ratio of 12.62 and a beta of 1.05. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $318.50 and a 200 day simple moving average of $255.28. CrowdStrike Holdings, Inc. has a 12-month low of $115.67 and a 12-month high of $365.00.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. The firm had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. As a group, analysts predict that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

CrowdStrike Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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