Goldstein Advisors LLC lifted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,497 shares of the company’s stock after buying an additional 152 shares during the period. Goldstein Advisors LLC’s holdings in CrowdStrike were worth $512,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Avior Wealth Management LLC raised its holdings in shares of CrowdStrike by 8.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,137 shares of the company’s stock valued at $389,000 after acquiring an additional 91 shares in the last quarter. Burr Financial Services LLC grew its stake in CrowdStrike by 121.8% in the fourth quarter. Burr Financial Services LLC now owns 2,750 shares of the company’s stock valued at $941,000 after purchasing an additional 1,510 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new position in CrowdStrike in the fourth quarter valued at about $236,000. Mutual Advisors LLC grew its stake in CrowdStrike by 15.1% in the fourth quarter. Mutual Advisors LLC now owns 5,114 shares of the company’s stock valued at $1,858,000 after purchasing an additional 670 shares during the last quarter. Finally, Magnus Financial Group LLC purchased a new position in CrowdStrike in the fourth quarter valued at about $241,000. 71.16% of the stock is currently owned by institutional investors.
Insider Transactions at CrowdStrike
In related news, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the transaction, the director now owns 42,391 shares of the company’s stock, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the transaction, the insider now directly owns 98,214 shares in the company, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is currently owned by company insiders.
CrowdStrike Stock Performance
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the company. Wells Fargo & Company lifted their target price on CrowdStrike from $350.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Royal Bank of Canada boosted their price target on CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. KeyCorp boosted their price target on CrowdStrike from $345.00 to $395.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. BNP Paribas assumed coverage on CrowdStrike in a research note on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price target on the stock. Finally, HSBC lowered CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $369.00.
Check Out Our Latest Stock Analysis on CRWD
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.
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