CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by WealthPLAN Partners LLC

WealthPLAN Partners LLC boosted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,378 shares of the company’s stock after acquiring an additional 120 shares during the period. WealthPLAN Partners LLC’s holdings in CrowdStrike were worth $471,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Empirical Asset Management LLC acquired a new position in CrowdStrike in the 4th quarter valued at about $11,310,000. Beacon Financial Advisory LLC acquired a new position in CrowdStrike during the 3rd quarter worth approximately $955,000. Sumitomo Mitsui Trust Group Inc. increased its position in CrowdStrike by 10.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 846,189 shares of the company’s stock worth $237,331,000 after purchasing an additional 78,305 shares during the period. DekaBank Deutsche Girozentrale increased its position in CrowdStrike by 0.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 439,865 shares of the company’s stock worth $124,644,000 after purchasing an additional 2,863 shares during the period. Finally, Hemenway Trust Co LLC increased its position in CrowdStrike by 356.8% during the 3rd quarter. Hemenway Trust Co LLC now owns 6,852 shares of the company’s stock worth $1,922,000 after purchasing an additional 5,352 shares during the period. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Michael Sentonas sold 10,801 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $358.47, for a total value of $3,871,834.47. Following the completion of the transaction, the president now directly owns 389,589 shares in the company, valued at $139,655,968.83. This trade represents a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 132,565 shares of company stock valued at $49,235,849 over the last three months. 4.34% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. boosted their target price on CrowdStrike from $372.00 to $418.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Piper Sandler boosted their target price on CrowdStrike from $290.00 to $375.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 27th. JMP Securities restated a “market outperform” rating and issued a $400.00 price target on shares of CrowdStrike in a report on Monday, November 4th. HSBC cut CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a report on Wednesday, November 27th. Finally, Mizuho upped their price target on CrowdStrike from $385.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $376.00.

CrowdStrike Trading Down 0.4 %

CRWD stock opened at $451.74 on Friday. The company has a market cap of $111.27 billion, a price-to-earnings ratio of 885.78, a PEG ratio of 17.22 and a beta of 1.16. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $376.70 and a 200-day simple moving average of $322.24. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $454.13.

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.