Financial Engines Advisors L.L.C. Purchases Shares of 830 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Financial Engines Advisors L.L.C. acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 830 shares of the company’s stock, valued at approximately $284,000.

Several other hedge funds have also bought and sold shares of the stock. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike in the 4th quarter valued at $27,000. Fortitude Family Office LLC raised its position in shares of CrowdStrike by 112.8% in the fourth 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 period. FPC Investment Advisory Inc. boosted its stake in shares of CrowdStrike by 811.1% during 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 in the last quarter. Luken Investment Analytics LLC acquired a new stake 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 in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $357.11 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market capitalization of $88.52 billion, a price-to-earnings ratio of 700.23, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. The business has a 50-day moving average of $388.15 and a 200 day moving average of $348.12. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59.

Insider Activity at CrowdStrike

In related news, CEO George Kurtz sold 22,449 shares of CrowdStrike stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.68, for a total value of $8,052,007.32. Following the completion of the transaction, the chief executive officer now directly owns 2,178,452 shares in the company, valued at approximately $781,367,163.36. This trade represents a 1.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the sale, the chief accounting officer now owns 36,165 shares in the company, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 110,801 shares of company stock worth $42,092,255. Corporate insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Robert W. Baird cut their price objective on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a research report on Wednesday, March 5th. Needham & Company LLC reissued a “buy” rating and issued a $420.00 price target on shares of CrowdStrike in a report on Wednesday, March 5th. Baird R W downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Evercore ISI boosted their target price on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, UBS Group decreased their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $400.26.

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.