1,589 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,589 shares of the company’s stock, valued at approximately $544,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. grew its position in shares of CrowdStrike by 200.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 763 shares of the company’s stock worth $261,000 after acquiring an additional 509 shares during the last quarter. Level Four Advisory Services LLC grew its position in CrowdStrike by 24.9% in the 4th quarter. Level Four Advisory Services LLC now owns 2,792 shares of the company’s stock worth $955,000 after purchasing an additional 557 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of CrowdStrike by 70.3% in the fourth quarter. Orion Portfolio Solutions LLC now owns 9,798 shares of the company’s stock valued at $3,353,000 after purchasing an additional 4,044 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in shares of CrowdStrike by 1.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 75,381 shares of the company’s stock valued at $25,792,000 after buying an additional 930 shares during the last quarter. Finally, Boussard & Gavaudan Investment Management LLP acquired a new position in shares of CrowdStrike during the fourth quarter worth approximately $19,210,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on CRWD shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $440.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. Morgan Stanley set a $429.00 price objective on shares of CrowdStrike in a report on Tuesday, March 18th. Needham & Company LLC reissued a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a research note on Wednesday, March 5th. DA Davidson upped their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Finally, Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average target price of $400.26.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 2,141 shares of CrowdStrike stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $371.79, for a total value of $796,002.39. Following the completion of the sale, the chief accounting officer now directly owns 34,024 shares in the company, valued at $12,649,782.96. The trade was a 5.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 22,449 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.68, for a total transaction of $8,052,007.32. Following the transaction, the chief executive officer now owns 2,178,452 shares in the company, valued at approximately $781,367,163.36. This trade represents a 1.02 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 110,801 shares of company stock valued at $42,092,255. Insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 2.6 %

CrowdStrike stock opened at $357.11 on Friday. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month 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 cap of $88.52 billion, a P/E ratio of 700.23, a P/E/G ratio of 17.86 and a beta of 1.19. The company’s fifty day simple moving average is $388.15 and its 200-day simple moving average is $348.12.

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.