CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC increased its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,408 shares of the company’s stock after acquiring an additional 157 shares during the period. New Wave Wealth Advisors LLC’s holdings in CrowdStrike were worth $824,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CRWD. Synergy Financial Group LTD increased its holdings in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after purchasing an additional 30 shares in the last quarter. M3 Advisory Group LLC increased its holdings in CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock valued at $407,000 after buying an additional 32 shares in the last quarter. Meridian Financial Partners LLC raised its position in shares of CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after acquiring an additional 33 shares during the period. First Affirmative Financial Network boosted its stake in shares of CrowdStrike by 4.2% during the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock worth $278,000 after acquiring an additional 33 shares in the last quarter. Finally, Sunpointe LLC grew its position in shares of CrowdStrike by 3.1% during the 3rd quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after acquiring an additional 34 shares during the period. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now owns 120,298 shares of the company’s stock, valued at $40,954,251.12. This represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Anurag Saha sold 1,863 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the sale, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,351 shares of company stock valued at $38,935,113 over the last three months. 4.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. CICC Research started coverage on CrowdStrike in a research report on Monday, November 18th. They set a “market perform” rating and a $295.00 price target on the stock. Rosenblatt Securities boosted their price target on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Scotiabank upped their price objective on shares of CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 21st. Needham & Company LLC lifted their target price on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Finally, Royal Bank of Canada upped their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have given 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 $369.00.

CrowdStrike Trading Down 0.1 %

Shares of CRWD stock opened at $396.87 on Friday. The company has a market capitalization of $97.75 billion, a P/E ratio of 778.19, a price-to-earnings-growth ratio of 21.08 and a beta of 1.14. 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 business’s 50 day moving average is $362.10 and its two-hundred day moving average is $312.84. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $411.30.

CrowdStrike Company 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.