CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,650 shares of the company’s stock after purchasing an additional 504 shares during the quarter. Kingsview Wealth Management LLC’s holdings in CrowdStrike were worth $2,960,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Berbice Capital Management LLC acquired a new position in CrowdStrike during the fourth quarter worth $27,000. Oakworth Capital Inc. purchased a new position in shares of CrowdStrike during the 3rd quarter worth $28,000. Fortitude Family Office LLC boosted its position 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 acquiring an additional 44 shares during the last quarter. Tsfg LLC grew its holdings in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the period. Finally, Castleview Partners LLC acquired a new stake in CrowdStrike during the third quarter worth about $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

NASDAQ CRWD opened at $421.59 on Monday. The company has a fifty day moving average of $368.52 and a two-hundred day moving average of $316.29. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $431.33. The company has a market capitalization of $103.84 billion, a PE ratio of 826.66, a P/E/G ratio of 17.22 and a beta of 1.16.

Analysts Set New Price Targets

Several equities analysts have weighed in on CRWD shares. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. Rosenblatt Securities upped their price objective on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. 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 note on Wednesday, November 27th. Susquehanna upped their price target on CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research note on Wednesday, November 27th. Finally, Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $370.00.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total value of $2,183,375.00. Following the completion of the sale, the director now directly owns 809,266 shares of the company’s stock, valued at approximately $282,708,984.44. This represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated 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 sale, 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 111,565 shares of company stock valued at $39,898,614 in the last three months. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Company 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.