Peterson Wealth Management Invests $218,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Peterson Wealth Management purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 636 shares of the company's stock, valued at approximately $218,000.

Several other institutional investors have also recently modified their holdings of CRWD. Advisory Resource Group raised its stake in shares of CrowdStrike by 37.9% during the 3rd quarter. Advisory Resource Group now owns 4,025 shares of the company's stock valued at $1,129,000 after buying an additional 1,106 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in CrowdStrike by 44.7% in the third quarter. Westside Investment Management Inc. now owns 4,988 shares of the company's stock valued at $1,397,000 after acquiring an additional 1,542 shares during the period. SOA Wealth Advisors LLC. boosted its position in CrowdStrike by 25.5% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 241 shares of the company's stock worth $68,000 after purchasing an additional 49 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its holdings in shares of CrowdStrike by 6.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 3,865 shares of the company's stock valued at $1,084,000 after purchasing an additional 236 shares in the last quarter. Finally, World Investment Advisors LLC lifted its stake in shares of CrowdStrike by 24.7% in the 3rd quarter. World Investment Advisors LLC now owns 2,514 shares of the company's stock valued at $705,000 after purchasing an additional 498 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 1.9 %

Shares of NASDAQ CRWD traded up $8.37 during midday trading on Monday, hitting $448.95. The company's stock had a trading volume of 1,348,613 shares, compared to its average volume of 5,052,409. The business's fifty day simple moving average is $371.78 and its two-hundred day simple moving average is $366.34. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The firm has a market capitalization of $111.28 billion, a price-to-earnings ratio of 880.22, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22.

Insider Transactions at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $434.61, for a total value of $2,716,312.50. Following the completion of the transaction, the director now owns 761,842 shares in the company, valued at approximately $331,104,151.62. This represents a 0.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction 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 sale, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This represents a 3.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 139,125 shares of company stock valued at $53,208,049. 4.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Morgan Stanley cut their price objective on shares of CrowdStrike from $429.00 to $415.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Raymond James downgraded CrowdStrike from an "outperform" rating to a "cautious" rating in a research report on Monday, March 10th. JPMorgan Chase & Co. boosted their price objective on CrowdStrike from $418.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Piper Sandler set a $347.00 target price on CrowdStrike in a research report on Wednesday, March 5th. Finally, KeyCorp cut their price target on shares of CrowdStrike from $480.00 to $450.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, CrowdStrike presently has a consensus rating of "Moderate Buy" and a consensus target price of $403.20.

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.