Executive Wealth Management LLC Sells 1,257 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Executive Wealth Management LLC lessened its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 55.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,008 shares of the company’s stock after selling 1,257 shares during the quarter. Executive Wealth Management LLC’s holdings in CrowdStrike were worth $283,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Abich Financial Wealth Management LLC bought a new position in shares of CrowdStrike in the 2nd quarter valued at about $25,000. Oakworth Capital Inc. acquired a new position in CrowdStrike during the third quarter valued at approximately $28,000. Tsfg LLC grew its holdings in CrowdStrike by 593.3% during 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. Family Firm Inc. acquired a new position in CrowdStrike during the second quarter valued at approximately $30,000. Finally, Castleview Partners LLC acquired a new position in CrowdStrike during the third quarter valued at approximately $32,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 1.9 %

CRWD stock opened at $346.77 on Wednesday. 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 firm has a market capitalization of $85.41 billion, a PE ratio of 679.94, a PEG ratio of 19.63 and a beta of 1.11. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $398.33. The stock has a 50-day simple moving average of $324.38 and a two-hundred day simple moving average of $313.39.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 10,776 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total value of $3,203,489.28. Following the completion of the sale, the president now owns 400,390 shares in the company, valued at $119,027,939.20. The trade was a 2.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction that occurred on 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 owns 809,266 shares of the company’s stock, valued at $282,708,984.44. The trade was a 0.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 144,498 shares of company stock valued at $45,116,385 in the last quarter. 4.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CRWD. Jefferies Financial Group boosted their price objective on shares of CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. DA Davidson reaffirmed a “buy” rating and issued a $310.00 price target on shares of CrowdStrike in a research note on Wednesday, September 18th. BNP Paribas assumed coverage on shares of CrowdStrike in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $285.00 price target on the stock. Argus cut their price target on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Finally, Wedbush set a $330.00 price target on shares of CrowdStrike in a research note on Thursday, October 17th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $355.80.

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.