Fairvoy Private Wealth LLC Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fairvoy Private Wealth LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,306 shares of the company’s stock, valued at approximately $2,500,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Synergy Financial Group LTD boosted its position in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares in the last quarter. M3 Advisory Group LLC boosted its holdings in CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares in the last quarter. Meridian Financial Partners LLC boosted its holdings in CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after acquiring an additional 33 shares in the last quarter. First Affirmative Financial Network lifted its holdings in shares of CrowdStrike by 4.2% in the fourth quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock valued at $278,000 after purchasing an additional 33 shares in the last quarter. Finally, Sunpointe LLC lifted its holdings in shares of CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Performance

CRWD stock opened at $420.51 on Friday. The stock has a market capitalization of $103.58 billion, a PE ratio of 824.55, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $421.63. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The stock’s 50 day simple moving average is $365.55 and its 200 day simple moving average is $314.12.

Analysts Set New Price Targets

A number of analysts recently commented on CRWD shares. Stifel Nicolaus increased their price target on CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Wells Fargo & Company raised their target price on CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. Baird R W cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday. Robert W. Baird reiterated a “neutral” rating and issued a $430.00 price target (up from $390.00) on shares of CrowdStrike in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their price target on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $370.00.

Insider Activity at CrowdStrike

In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Michael Sentonas sold 10,801 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $3,871,834.47. Following the completion of the sale, the president now owns 389,589 shares of the company’s stock, valued at $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 111,565 shares of company stock valued at $39,898,614. 4.34% of the stock is owned by corporate insiders.

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.