Northeast Financial Consultants Inc Acquires 100 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Northeast Financial Consultants Inc boosted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,465 shares of the company’s stock after purchasing an additional 100 shares during the quarter. Northeast Financial Consultants Inc’s holdings in CrowdStrike were worth $411,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC bought a new stake in shares of CrowdStrike in the 2nd quarter valued at $25,000. Oakworth Capital Inc. bought a new position in CrowdStrike during the third quarter worth $28,000. Tsfg LLC grew its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the period. Family Firm Inc. bought a new stake in CrowdStrike in the second quarter valued at $30,000. Finally, Castleview Partners LLC acquired a new position in shares of CrowdStrike during the third quarter valued at about $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Trading Up 0.2 %

Shares of CRWD stock opened at $365.65 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.90 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $398.33. The stock has a market capitalization of $90.06 billion, a P/E ratio of 716.97, a P/E/G ratio of 19.55 and a beta of 1.11. The firm’s 50 day moving average is $322.92 and its 200 day moving average is $313.54.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. BMO Capital Markets raised their target price on CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Citigroup raised their price objective on CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 target price on the stock. in a research report on Wednesday, November 27th. Oppenheimer lifted their price target on shares of CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research report on Wednesday, November 27th. Finally, Truist Financial upped their price objective on shares of CrowdStrike from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $355.80.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,776 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the transaction, the president now directly owns 400,390 shares in the company, valued at $119,027,939.20. This represents a 2.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $349.34, for a total transaction of $2,183,375.00. Following the sale, the director now owns 809,266 shares in the company, valued at $282,708,984.44. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 144,498 shares of company stock valued at $45,116,385. 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.