OneAscent Financial Services LLC Invests $211,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

OneAscent Financial Services LLC bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 618 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. grew its position in CrowdStrike by 260,400.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 5,210 shares of the company’s stock worth $1,461,000 after purchasing an additional 5,208 shares during the last quarter. Hilltop Holdings Inc. grew its holdings in shares of CrowdStrike by 1.8% during the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock valued at $542,000 after buying an additional 34 shares during the last quarter. Royal London Asset Management Ltd. increased its position in shares of CrowdStrike by 5.3% in the 3rd quarter. Royal London Asset Management Ltd. now owns 91,284 shares of the company’s stock valued at $25,602,000 after acquiring an additional 4,632 shares during the period. Quantinno Capital Management LP raised its stake in CrowdStrike by 86.8% in the 3rd quarter. Quantinno Capital Management LP now owns 21,153 shares of the company’s stock worth $5,933,000 after acquiring an additional 9,832 shares during the last quarter. Finally, State Street Corp lifted its position in CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after acquiring an additional 275,717 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. DA Davidson raised their price objective on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. BMO Capital Markets raised their price target on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Truist Financial dropped their price objective on shares of CrowdStrike from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Monday, March 31st. Wells Fargo & Company raised their target price on shares of CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, March 5th. Finally, BTIG Research raised shares of CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target on the stock in a report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus target price of $400.88.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gerhard Watzinger sold 10,000 shares of CrowdStrike stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $359.57, for a total value of $3,595,700.00. Following the completion of the sale, the director now owns 62,891 shares in the company, valued at $22,613,716.87. This represents a 13.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 114,551 shares of company stock worth $43,527,642 in the last quarter. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $321.63 on Friday. 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 50 day moving average price of $386.18 and a 200 day moving average price of $351.38. The stock has a market cap of $79.72 billion, a PE ratio of 630.66, a P/E/G ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

About CrowdStrike

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.