180 Wealth Advisors LLC Raises Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

180 Wealth Advisors LLC lifted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 4.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,847 shares of the company’s stock after buying an additional 181 shares during the quarter. 180 Wealth Advisors LLC’s holdings in CrowdStrike were worth $1,356,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. FPC Investment Advisory Inc. raised its holdings in shares of CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 73 shares during the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike in the fourth quarter valued at $34,000. Millstone Evans Group LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at $34,000. Bellwether Advisors LLC acquired a new stake in shares of CrowdStrike in the fourth quarter valued at $37,000. Finally, WealthTrak Capital Management LLC purchased a new position in CrowdStrike in the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Up 1.5%

Shares of CRWD stock opened at $465.82 on Friday. CrowdStrike Holdings, Inc. has a 12-month low of $200.81 and a 12-month high of $474.23. 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’s 50 day moving average is $404.18 and its 200 day moving average is $383.90. The stock has a market capitalization of $115.46 billion, a P/E ratio of 913.39, a P/E/G ratio of 17.86 and a beta of 1.22.

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $353.00, for a total value of $1,588,500.00. Following the sale, the insider now directly owns 89,714 shares in the company, valued at $31,669,042. The trade was a 4.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 1,496 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares of the company’s stock, valued at $12,969,492.30. The trade was a 3.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 195,431 shares of company stock worth $79,162,548 in the last 90 days. 3.32% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Bank of America increased their price objective on CrowdStrike from $400.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. BMO Capital Markets increased their price objective on CrowdStrike from $380.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. DA Davidson increased their price objective on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research report on Wednesday, March 5th. Rosenblatt Securities reissued a “buy” rating and issued a $450.00 price target on shares of CrowdStrike in a report on Thursday, May 8th. Finally, Barclays reaffirmed an “overweight” rating and set a $500.00 price objective (up from $475.00) on shares of CrowdStrike in a report on Wednesday. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $408.12.

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.