SRS Capital Advisors Inc. Purchases 329 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

SRS Capital Advisors Inc. boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 41.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,118 shares of the company’s stock after acquiring an additional 329 shares during the quarter. SRS Capital Advisors Inc.’s holdings in CrowdStrike were worth $382,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC bought a new stake in CrowdStrike during the fourth quarter worth approximately $27,000. Fortitude Family Office LLC increased its stake in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. FPC Investment Advisory Inc. increased its stake in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike during the fourth quarter valued at approximately $34,000. Finally, Princeton Global Asset Management LLC boosted its position in shares of CrowdStrike by 240.0% during the third quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock valued at $38,000 after buying an additional 96 shares during the period. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $382.73 on Tuesday. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. 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 stock has a market capitalization of $94.27 billion, a PE ratio of 750.47, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The stock’s 50-day moving average price is $387.36 and its 200-day moving average price is $336.92.

Insider Activity

In other news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the sale, the insider now directly owns 94,214 shares in the company, valued at $42,459,423.38. This trade represents a 4.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 17,120 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $428.13, for a total value of $7,329,585.60. Following the sale, the director now owns 780,592 shares in the company, valued at $334,194,852.96. This trade represents a 2.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,315 shares of company stock worth $38,387,254 in the last ninety days. Company insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on CRWD. JPMorgan Chase & Co. boosted their target price on CrowdStrike from $418.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday. Evercore ISI boosted their price target on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, November 25th. Piper Sandler boosted their price target on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a report on Monday, November 25th. Finally, Stifel Nicolaus boosted their price target on CrowdStrike from $400.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $391.75.

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.