CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Avion Wealth

Avion Wealth grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 61.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 165 shares of the company’s stock after acquiring an additional 63 shares during the quarter. Avion Wealth’s holdings in CrowdStrike were worth $56,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CRWD. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at approximately $27,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike in the third quarter valued at approximately $28,000. Fortitude Family Office LLC raised its stake in shares of CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the last quarter. Tsfg LLC raised its stake in shares of CrowdStrike by 593.3% during 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 last quarter. Finally, Castleview Partners LLC purchased a new stake in shares of CrowdStrike during the third quarter worth approximately $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CRWD shares. BMO Capital Markets upped their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Piper Sandler upped their price target on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Cantor Fitzgerald increased their price objective on CrowdStrike from $350.00 to $370.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. Finally, Jefferies Financial Group increased their price objective on CrowdStrike from $415.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $374.13.

Insiders Place Their Bets

In other news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total value of $1,361,760.00. Following the sale, the insider now owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 17,120 shares of the business’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the sale, the director now directly owns 780,592 shares in the company, valued at $334,194,852.96. This trade represents a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 136,565 shares of company stock worth $50,597,609. 4.34% of the stock is owned by company insiders.

CrowdStrike Price Performance

Shares of CRWD opened at $431.64 on Wednesday. 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 Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $434.78. The stock has a 50 day moving average of $370.16 and a 200-day moving average of $317.93. The firm has a market cap of $106.32 billion, a price-to-earnings ratio of 846.37, a PEG ratio of 17.22 and a beta of 1.16.

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.