Tradition Wealth Management LLC Buys Shares of 848 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Tradition Wealth Management LLC acquired a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 848 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in CrowdStrike in the fourth quarter worth about $27,000. Fortitude Family Office LLC lifted its holdings in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares in the last quarter. FPC Investment Advisory Inc. increased its stake in shares of CrowdStrike by 811.1% in 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 in the last quarter. Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike during the 4th quarter valued at $34,000. Finally, Crowley Wealth Management Inc. bought a new position in CrowdStrike in the 4th quarter worth $34,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Price Performance

Shares of CRWD opened at $362.69 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. The company has a 50 day moving average price of $374.34 and a 200-day moving average price of $359.31. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59. The stock has a market capitalization of $89.90 billion, a PE ratio of 711.17, a PEG ratio of 17.86 and a beta of 1.28.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CRWD shares. Stifel Nicolaus decreased their price target on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Robert W. Baird lowered their price target on CrowdStrike from $440.00 to $405.00 and set a “neutral” rating on the stock in a report on Wednesday, March 5th. Scotiabank reaffirmed a “sector perform” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Canaccord Genuity Group boosted their target price on shares of CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirty have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $400.53.

Insider Buying and Selling

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total transaction of $1,802,680.00. Following the completion of the sale, the insider now directly owns 94,214 shares of the company’s stock, valued at approximately $42,459,423.38. This represents a 4.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,496 shares of the business’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 transaction, the chief accounting officer now owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. This trade represents a 3.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 119,401 shares of company stock valued at $45,119,220 over the last 90 days. Corporate insiders own 4.34% of the company’s stock.

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.