Level Four Advisory Services LLC Acquires 557 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Level Four Advisory Services LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 24.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,792 shares of the company’s stock after acquiring an additional 557 shares during the period. Level Four Advisory Services LLC’s holdings in CrowdStrike were worth $955,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jacobi Capital Management LLC lifted its stake in shares of CrowdStrike by 1.9% in the 4th quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock valued at $448,000 after purchasing an additional 25 shares during the period. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of CrowdStrike by 1.4% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,974 shares of the company’s stock valued at $675,000 after buying an additional 27 shares in the last quarter. Wintrust Investments LLC lifted its position in CrowdStrike by 4.2% during the 4th quarter. Wintrust Investments LLC now owns 719 shares of the company’s stock valued at $246,000 after acquiring an additional 29 shares during the period. Synergy Financial Group LTD grew its holdings in CrowdStrike by 0.8% in the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after purchasing an additional 30 shares during the period. Finally, Greenwich Wealth Management LLC increased its stake in shares of CrowdStrike by 4.0% during the fourth quarter. Greenwich Wealth Management LLC now owns 776 shares of the company’s stock valued at $265,000 after purchasing an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of several analyst reports. Stifel Nicolaus dropped their target price on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group reissued a “buy” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Mizuho lifted their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Baird R W cut shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $420.00 price target on shares of CrowdStrike in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $400.26.

Insider Buying and Selling

In related news, insider Shawn Henry sold 2,547 shares of CrowdStrike stock in a transaction on Monday, March 24th. The shares were sold at an average price of $365.96, for a total transaction of $932,100.12. Following the sale, the insider now directly owns 82,071 shares in the company, valued at $30,034,703.16. This trade represents a 3.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the transaction, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at $12,969,492.30. This represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,801 shares of company stock worth $42,092,255 over the last 90 days. 4.34% of the stock is owned by insiders.

CrowdStrike Trading Down 2.6 %

NASDAQ:CRWD opened at $357.11 on Monday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59. The stock has a market cap of $88.52 billion, a P/E ratio of 700.23, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a 50-day simple moving average of $388.15 and a 200-day simple moving average of $349.49.

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.