Insight Advisors LLC PA Increases Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Insight Advisors LLC PA increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 35.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,281 shares of the company’s stock after purchasing an additional 332 shares during the period. Insight Advisors LLC PA’s holdings in CrowdStrike were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vision Capital Management Inc. purchased a new stake in CrowdStrike during the 4th quarter worth $240,000. Robertson Stephens Wealth Management LLC raised its stake in CrowdStrike by 29.7% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 960 shares of the company’s stock worth $328,000 after acquiring an additional 220 shares during the period. Onyx Bridge Wealth Group LLC raised its stake in CrowdStrike by 8.9% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 2,223 shares of the company’s stock worth $761,000 after acquiring an additional 181 shares during the period. Choreo LLC raised its stake in CrowdStrike by 2.4% during the fourth quarter. Choreo LLC now owns 8,084 shares of the company’s stock worth $2,813,000 after acquiring an additional 191 shares during the period. Finally, Nvwm LLC increased its stake in shares of CrowdStrike by 25,616.7% in the fourth quarter. Nvwm LLC now owns 3,086 shares of the company’s stock valued at $1,056,000 after purchasing an additional 3,074 shares during the period. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 2.4 %

Shares of NASDAQ:CRWD opened at $417.22 on Thursday. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $419.39. The company has a 50 day moving average of $364.15 and a 200-day moving average of $313.40. 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 cap of $102.77 billion, a price-to-earnings ratio of 818.09, a P/E/G ratio of 21.13 and a beta of 1.16.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CRWD shares. Rosenblatt Securities raised their price target on shares of CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Truist Financial raised their price target on shares of CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. Citigroup increased their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a report on Friday, January 17th. JPMorgan Chase & Co. increased their price objective on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Finally, Hsbc Global Res cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $370.00.

Insider Transactions at CrowdStrike

In related news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 105,315 shares of company stock worth $37,321,176 in the last quarter. 4.34% of the stock is owned by company insiders.

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.