Kingswood Wealth Advisors LLC Has $1.10 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Kingswood Wealth Advisors LLC reduced its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,213 shares of the company’s stock after selling 303 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in CrowdStrike were worth $1,099,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CRWD. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of CrowdStrike by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 84,725 shares of the company’s stock valued at $32,465,000 after acquiring an additional 3,880 shares during the period. Invst LLC acquired a new stake in CrowdStrike in the second quarter worth about $220,000. Quarry LP increased its position in CrowdStrike by 275.0% in the second quarter. Quarry LP now owns 465 shares of the company’s stock worth $178,000 after purchasing an additional 341 shares during the period. Regal Investment Advisors LLC grew its position in shares of CrowdStrike by 4.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 3,156 shares of the company’s stock worth $1,209,000 after buying an additional 122 shares during the period. Finally, Gateway Wealth Partners LLC acquired a new position in shares of CrowdStrike during the 2nd quarter worth about $239,000. 71.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CRWD. JMP Securities restated a “market outperform” rating and set a $400.00 target price on shares of CrowdStrike in a research report on Monday, November 4th. Rosenblatt Securities lifted 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. Wedbush set a $330.00 price objective on CrowdStrike in a report on Thursday, October 17th. BMO Capital Markets boosted 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. Finally, Bank of America boosted their target price on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $369.00.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction 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 completion of the transaction, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of CrowdStrike stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the transaction, the director now owns 811,842 shares of the company’s stock, valued at approximately $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock valued at $38,935,113 over the last ninety days. 4.34% of the stock is currently owned by insiders.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $408.68 on Wednesday. The business’s fifty day simple moving average is $359.26 and its 200 day simple moving average is $311.39. The firm has a market capitalization of $100.66 billion, a P/E ratio of 801.35, a price-to-earnings-growth ratio of 20.07 and a beta of 1.14. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $411.30. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.