Avaii Wealth Management LLC Buys 1,717 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Avaii Wealth Management LLC raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 98.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,464 shares of the company’s stock after purchasing an additional 1,717 shares during the quarter. Avaii Wealth Management LLC’s holdings in CrowdStrike were worth $884,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CRWD. DAVENPORT & Co LLC increased its holdings in shares of CrowdStrike by 42.6% during the 3rd quarter. DAVENPORT & Co LLC now owns 2,813 shares of the company’s stock worth $471,000 after purchasing an additional 841 shares during the period. Brookstone Capital Management increased its holdings in shares of CrowdStrike by 97.9% during the 3rd quarter. Brookstone Capital Management now owns 38,549 shares of the company’s stock worth $7,113,000 after purchasing an additional 19,072 shares during the period. Boyd Watterson Asset Management LLC OH increased its holdings in shares of CrowdStrike by 10.7% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 12,687 shares of the company’s stock worth $2,124,000 after purchasing an additional 1,225 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of CrowdStrike by 2.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 126,980 shares of the company’s stock valued at $21,254,000 after acquiring an additional 3,581 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of CrowdStrike by 2.2% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 55,180 shares of the company’s stock valued at $9,236,000 after acquiring an additional 1,200 shares in the last quarter. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CRWD. Jefferies Financial Group lifted their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Guggenheim lifted their target price on shares of CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Stifel Nicolaus lifted their target price on shares of CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Evercore ISI lifted their target price on shares of CrowdStrike from $255.00 to $405.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Finally, Sanford C. Bernstein started coverage on shares of CrowdStrike in a research report on Thursday, January 18th. They set an “outperform” rating and a $334.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $371.87.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,019 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were 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 $11,773,108.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on 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 sale, the insider now owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Anurag Saha sold 1,019 shares of the business’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 transaction, the chief accounting officer now owns 36,136 shares in the company, valued at $11,773,108.80. The disclosure for this sale can be found here. Insiders have sold a total of 223,544 shares of company stock valued at $72,113,932 over the last 90 days. 5.68% of the stock is owned by corporate insiders.

CrowdStrike Stock Up 0.6 %

CRWD traded up $1.74 during trading on Monday, reaching $305.81. The company had a trading volume of 1,054,690 shares, compared to its average volume of 3,497,798. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The business’s fifty day moving average price is $314.71 and its 200 day moving average price is $269.29. The company has a market cap of $73.97 billion, a P/E ratio of 852.05, a PEG ratio of 12.16 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The firm had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. Equities analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

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.