Wealthcare Advisory Partners LLC Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Wealthcare Advisory Partners LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,017 shares of the company’s stock after purchasing an additional 259 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in CrowdStrike were worth $2,059,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Procyon Advisors LLC grew its position in CrowdStrike by 8.5% during the fourth quarter. Procyon Advisors LLC now owns 1,937 shares of the company’s stock valued at $663,000 after acquiring an additional 152 shares during the period. Everpar Advisors LLC lifted its stake in shares of CrowdStrike by 17.7% in the 4th quarter. Everpar Advisors LLC now owns 856 shares of the company’s stock valued at $293,000 after purchasing an additional 129 shares in the last quarter. KMG Fiduciary Partners LLC purchased a new stake in shares of CrowdStrike during the 4th quarter worth about $1,615,000. Yarbrough Capital LLC increased its position in CrowdStrike by 24.6% during the 4th quarter. Yarbrough Capital LLC now owns 7,333 shares of the company’s stock worth $2,509,000 after purchasing an additional 1,450 shares in the last quarter. Finally, StoneCrest Wealth Management Inc. raised its holdings in CrowdStrike by 2.8% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 6,136 shares of the company’s stock valued at $2,099,000 after buying an additional 168 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. This trade represents a 3.91 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction 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 owns 816,730 shares of the company’s stock, valued at $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 110,351 shares of company stock worth $38,935,113. Insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on CRWD. JMP Securities reissued a “market outperform” rating and issued a $400.00 price objective on shares of CrowdStrike in a research report on Monday, November 4th. Wells Fargo & Company increased their price target on CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Royal Bank of Canada boosted their price objective on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Piper Sandler increased their target price on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Finally, Barclays boosted their price target on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus price target of $366.38.

CrowdStrike Price Performance

Shares of CRWD opened at $357.00 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market cap of $87.93 billion, a P/E ratio of 700.01, a PEG ratio of 18.55 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. The stock has a fifty day moving average price of $355.86 and a 200 day moving average price of $312.92.

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.