SOA Wealth Advisors LLC. Acquires 219 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

SOA Wealth Advisors LLC. grew its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 90.9% in the 4th quarter, Holdings Channel reports. The fund owned 460 shares of the company’s stock after purchasing an additional 219 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in CrowdStrike were worth $157,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Jennison Associates LLC raised its holdings in CrowdStrike by 25.0% during the 3rd quarter. Jennison Associates LLC now owns 5,068,800 shares of the company’s stock worth $1,421,646,000 after buying an additional 1,013,161 shares during the period. International Assets Investment Management LLC increased its position in shares of CrowdStrike by 17,926.3% during the third quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after acquiring an additional 920,695 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of CrowdStrike by 1,655.9% during the third quarter. Daiwa Securities Group Inc. now owns 755,951 shares of the company’s stock worth $212,021,000 after acquiring an additional 712,900 shares during the period. Assenagon Asset Management S.A. lifted its position in CrowdStrike by 248.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after acquiring an additional 371,695 shares in the last quarter. Finally, State Street Corp boosted its stake in CrowdStrike by 2.9% in the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after purchasing an additional 275,717 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of several recent research reports. KeyCorp lifted their price target on CrowdStrike from $345.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Cantor Fitzgerald boosted their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Citigroup boosted their price objective on shares of CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Finally, Susquehanna raised their target price on shares of CrowdStrike from $310.00 to $400.00 and gave the company a “positive” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average price target of $370.00.

Insider Transactions at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $412.39, for a total transaction of $2,577,437.50. Following the completion of the sale, the director now owns 805,592 shares of the company’s stock, valued at $332,218,084.88. This represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the completion of the transaction, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 111,565 shares of company stock valued at $39,898,614. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Up 0.3 %

Shares of CRWD stock opened at $421.59 on Friday. The stock has a 50 day simple moving average of $367.00 and a 200 day simple moving average of $314.86. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $431.33. 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 stock has a market cap of $103.84 billion, a P/E ratio of 826.66, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16.

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.