IVC Wealth Advisors LLC Purchases 100 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

IVC Wealth Advisors LLC grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 7.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,426 shares of the company’s stock after purchasing an additional 100 shares during the quarter. IVC Wealth Advisors LLC’s holdings in CrowdStrike were worth $488,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of CRWD. Public Sector Pension Investment Board bought a new stake in CrowdStrike during the 2nd quarter valued at $3,447,000. Evergreen Capital Management LLC lifted its holdings in CrowdStrike by 8.7% during the 2nd quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock worth $364,000 after purchasing an additional 76 shares in the last quarter. Fred Alger Management LLC boosted its stake in CrowdStrike by 15.2% in the 2nd quarter. Fred Alger Management LLC now owns 53,494 shares of the company’s stock worth $20,498,000 after purchasing an additional 7,059 shares during the period. Toronto Dominion Bank increased its position in shares of CrowdStrike by 231.3% during the second quarter. Toronto Dominion Bank now owns 79,722 shares of the company’s stock valued at $30,549,000 after buying an additional 55,658 shares during the period. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of CrowdStrike in the second quarter worth about $25,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.1 %

Shares of NASDAQ CRWD opened at $377.70 on Friday. The firm has a fifty day simple moving average of $357.22 and a two-hundred day simple moving average of $311.97. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $398.33. 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 firm has a market capitalization of $93.03 billion, a PE ratio of 740.60, a price-to-earnings-growth ratio of 19.49 and a beta of 1.14.

Insider Activity at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the completion of the transaction, the director now owns 816,730 shares in the company, valued at approximately $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares in the company, 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 have sold 110,351 shares of company stock worth $38,935,113 over the last 90 days. 4.34% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRWD. Robert W. Baird upped their target price on shares of CrowdStrike from $375.00 to $390.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. The Goldman Sachs Group upped their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, December 24th. Scotiabank lifted their price objective on CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research note on Tuesday. Bank of America raised their price target on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Finally, BMO Capital Markets boosted their price objective on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $369.00.

CrowdStrike 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.