OneDigital Investment Advisors LLC Raises Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

OneDigital Investment Advisors LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 27.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,319 shares of the company's stock after purchasing an additional 1,131 shares during the period. OneDigital Investment Advisors LLC's holdings in CrowdStrike were worth $1,820,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jacobi Capital Management LLC raised 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 increased its stake in CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company's stock worth $675,000 after buying an additional 27 shares during the period. Wintrust Investments LLC boosted its position in CrowdStrike by 4.2% in the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company's stock valued at $246,000 after buying an additional 29 shares during the last quarter. Greenwich Wealth Management LLC grew 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 acquiring an additional 30 shares in the last quarter. Finally, Altman Advisors Inc. increased its position in shares of CrowdStrike by 0.5% during the fourth quarter. Altman Advisors Inc. now owns 6,623 shares of the company's stock worth $2,266,000 after acquiring an additional 31 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Morgan Stanley dropped their price target on CrowdStrike from $429.00 to $415.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Citigroup reissued a "buy" rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Westpark Capital reaffirmed a "hold" rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Stephens initiated coverage on CrowdStrike in a research report on Tuesday, April 1st. They issued an "overweight" rating and a $450.00 price objective for the company. Finally, Truist Financial dropped their price objective on shares of CrowdStrike from $460.00 to $450.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $400.76.

Insider Activity

In other news, CAO Anurag Saha sold 1,496 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares of the company's stock, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares of the company's stock, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 122,375 shares of company stock worth $46,197,236. 4.34% of the stock is currently owned by insiders.

CrowdStrike Stock Performance

NASDAQ:CRWD traded down $5.43 during trading hours on Monday, reaching $419.45. The stock had a trading volume of 1,144,835 shares, compared to its average volume of 5,050,570. The stock has a 50 day simple moving average of $369.96 and a 200 day simple moving average of $362.11. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $455.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $103.97 billion, a P/E ratio of 822.85, a price-to-earnings-growth ratio of 17.86 and a beta of 1.28.

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.