CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC reduced its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 34.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,115 shares of the company’s stock after selling 3,222 shares during the period. RWA Wealth Partners LLC’s holdings in CrowdStrike were worth $2,092,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CRWD. Berbice Capital Management LLC purchased a new position in CrowdStrike during the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. grew 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 purchasing an additional 73 shares during the period. Fortitude Family Office LLC increased its holdings in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares in the last quarter. Crowley Wealth Management Inc. acquired a new position in shares of CrowdStrike in the 4th quarter valued at $34,000. Finally, Luken Investment Analytics LLC purchased a new stake in CrowdStrike during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now owns 94,214 shares of the company’s stock, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,801 shares of company stock worth $42,092,255 in the last three months. 4.34% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CRWD has been the subject of a number of recent analyst reports. KeyCorp cut their price objective on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. Rosenblatt Securities restated a “buy” rating and set a $450.00 price objective on shares of CrowdStrike in a research report on Wednesday, March 5th. Barclays dropped their target price on shares of CrowdStrike from $506.00 to $475.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 5th. Morgan Stanley set a $429.00 price target on shares of CrowdStrike in a research report on Tuesday, March 18th. Finally, Citigroup reiterated a “buy” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $399.62.

CrowdStrike Trading Down 1.3 %

CRWD opened at $352.58 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $87.40 billion, a P/E ratio of 691.35, a P/E/G ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The business has a fifty day simple moving average of $388.06 and a 200-day simple moving average of $350.16.

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.