CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lifted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,828 shares of the company’s stock after buying an additional 1,100 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in CrowdStrike were worth $20,471,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Berbice Capital Management LLC acquired a new position in CrowdStrike during the 4th quarter worth $27,000. FPC Investment Advisory Inc. lifted its position in shares of 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 purchasing an additional 73 shares during the last quarter. Fortitude Family Office LLC grew its stake in CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. Crowley Wealth Management Inc. bought a new stake in CrowdStrike in the fourth quarter valued at about $34,000. Finally, Luken Investment Analytics LLC acquired a new stake in CrowdStrike during the fourth quarter valued at approximately $34,000. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Anurag Saha sold 2,858 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the completion of the sale, the chief accounting officer now owns 38,201 shares in the company, valued at $13,916,242.29. This represents a 6.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sameer K. Gandhi sold 17,120 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $428.13, for a total value of $7,329,585.60. Following the completion of the sale, the director now directly owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. This trade represents a 2.15 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 52,858 shares of company stock worth $21,288,706. Company insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of several research reports. Guggenheim reiterated a “neutral” rating on shares of CrowdStrike in a research report on Wednesday, March 5th. Robert W. Baird decreased their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a report on Wednesday, March 5th. Royal Bank of Canada reissued an “outperform” rating on shares of CrowdStrike in a report on Wednesday, March 5th. UBS Group decreased their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Finally, Wedbush increased their price objective on shares of CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus price target of $399.51.

CrowdStrike Trading Up 2.9 %

Shares of NASDAQ CRWD opened at $372.64 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $455.59. The company has a market cap of $92.37 billion, a price-to-earnings ratio of 730.68, a P/E/G ratio of 17.86 and a beta of 1.19. The business has a fifty day simple moving average of $387.16 and a 200-day simple moving average of $346.07.

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.