RMR Wealth Builders Buys 308 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

RMR Wealth Builders raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,775 shares of the company’s stock after buying an additional 308 shares during the quarter. RMR Wealth Builders’ holdings in CrowdStrike were worth $2,660,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the company. Essex Savings Bank purchased a new stake in shares of CrowdStrike in the 4th quarter worth $225,000. ERn Financial LLC bought a new stake in CrowdStrike during the fourth quarter valued at about $281,000. BluePath Capital Management LLC increased its position in CrowdStrike by 17.3% in the fourth quarter. BluePath Capital Management LLC now owns 3,561 shares of the company’s stock worth $1,216,000 after buying an additional 526 shares in the last quarter. Brave Asset Management Inc. bought a new position in shares of CrowdStrike in the fourth quarter worth about $235,000. Finally, Redhawk Wealth Advisors Inc. purchased a new position in shares of CrowdStrike during the 4th quarter valued at about $207,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 4.0 %

NASDAQ CRWD opened at $362.02 on Thursday. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33. The firm has a 50 day moving average of $353.83 and a two-hundred day moving average of $312.46. 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 stock has a market capitalization of $89.17 billion, a PE ratio of 709.86, a price-to-earnings-growth ratio of 19.75 and a beta of 1.11.

Analyst Ratings Changes

Several research firms recently issued reports on CRWD. Barclays increased their target price on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Robert W. Baird lifted their target price on shares of CrowdStrike from $375.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Hsbc Global Res downgraded shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, BMO Capital Markets upped their price objective on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $365.88.

Insider Buying and Selling

In other news, insider Shawn Henry sold 5,505 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.47, for a total value of $1,973,377.35. Following the completion of the sale, the insider now directly owns 110,293 shares of the company’s stock, valued at approximately $39,536,731.71. The trade was a 4.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares in the company, valued at approximately $261,745,630.40. This trade represents a 0.61 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 106,351 shares of company stock worth $37,515,473. Corporate insiders own 4.34% of the company’s stock.

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.