Western Wealth Management LLC Has $747,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Western Wealth Management LLC increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,924 shares of the company’s stock after acquiring an additional 98 shares during the quarter. Western Wealth Management LLC’s holdings in CrowdStrike were worth $747,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Cigna Investments Inc. New raised its holdings in CrowdStrike by 1.7% in the 4th quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock valued at $592,000 after acquiring an additional 38 shares in the last quarter. Quent Capital LLC raised its holdings in CrowdStrike by 48.5% in the 4th quarter. Quent Capital LLC now owns 147 shares of the company’s stock valued at $38,000 after acquiring an additional 48 shares in the last quarter. Advisory Resource Group raised its holdings in CrowdStrike by 0.7% in the 3rd quarter. Advisory Resource Group now owns 6,670 shares of the company’s stock valued at $1,116,000 after acquiring an additional 49 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in CrowdStrike by 23.9% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 254 shares of the company’s stock valued at $65,000 after acquiring an additional 49 shares in the last quarter. Finally, Modus Advisors LLC raised its holdings in CrowdStrike by 1.7% in the 4th quarter. Modus Advisors LLC now owns 2,950 shares of the company’s stock valued at $753,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In related news, CAO Anurag Saha sold 1,019 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $331,990.20. Following the sale, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.79, for a total value of $1,235,160.00. Following the completion of the sale, the insider now directly owns 208,961 shares in the company, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. In the last quarter, insiders have sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on CRWD. HSBC upped their price target on CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Robert W. Baird increased their target price on CrowdStrike from $281.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Evercore ISI increased their target price on CrowdStrike from $255.00 to $405.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Mizuho increased their target price on CrowdStrike from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Finally, Wedbush increased their target price on CrowdStrike from $278.00 to $350.00 and gave the stock an “outperform” rating in a report on Tuesday, March 5th. One research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.87.

CrowdStrike Stock Performance

Shares of CrowdStrike stock opened at $282.64 on Friday. The company has a market capitalization of $68.36 billion, a PE ratio of 785.11, a PEG ratio of 11.76 and a beta of 1.05. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $317.72 and its 200 day simple moving average is $264.41.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.18 by $0.06. The business had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. On average, research analysts predict that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

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.