RFG Bristol Wealth Advisors LLC Buys Shares of 2,240 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

RFG Bristol Wealth Advisors LLC purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,240 shares of the company’s stock, valued at approximately $766,000.

A number of other institutional investors also recently modified their holdings of the business. Berbice Capital Management LLC acquired a new stake in CrowdStrike in the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. lifted its stake in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Crowley Wealth Management Inc. bought a new stake in CrowdStrike during the 4th quarter worth $34,000. Finally, Luken Investment Analytics LLC acquired a new position in CrowdStrike in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. BTIG Research raised CrowdStrike from a “neutral” rating to a “buy” rating and set a $431.00 price target on the stock in a research note on Tuesday, March 25th. Piper Sandler set a $347.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. BMO Capital Markets boosted their price objective on shares of CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Finally, KeyCorp lowered their target price on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average price target of $400.88.

CrowdStrike Stock Up 2.8 %

CrowdStrike stock opened at $362.38 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. The firm’s fifty day moving average price is $387.98 and its two-hundred day moving average price is $350.89. The firm has a market capitalization of $89.82 billion, a price-to-earnings ratio of 710.56, a price-to-earnings-growth ratio of 17.86 and a beta of 1.19. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $455.59.

Insider Activity at CrowdStrike

In other news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the completion of the sale, the director now directly owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of CrowdStrike stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $358.62, for a total value of $536,495.52. Following the transaction, the chief accounting officer now directly owns 36,165 shares in the company, valued at approximately $12,969,492.30. The trade was a 3.97 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,801 shares of company stock valued at $42,092,255. 4.34% of the stock is owned by corporate 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.