Eagle Wealth Strategies LLC Makes New Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Eagle Wealth Strategies LLC purchased a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, HoldingsChannel reports. The fund purchased 610 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds also recently made changes to their positions in the stock. Abich Financial Wealth Management LLC bought a new stake in CrowdStrike during the second quarter valued at $25,000. Fortitude Family Office LLC lifted its stake in shares of CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Strategic Investment Solutions Inc. IL bought a new stake in shares of CrowdStrike during the 2nd quarter valued at about $38,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike during the third quarter worth approximately $28,000. Finally, Tsfg LLC increased its holdings in CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $358.46, for a total transaction of $667,810.98. Following the sale, the chief accounting officer now owns 41,059 shares of the company’s stock, valued at $14,718,009.14. The trade was a 4.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total value of $1,419,640.00. Following the completion of the transaction, the insider now directly owns 98,214 shares of the company’s stock, valued at $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 110,351 shares of company stock worth $38,935,113. Company insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of research analyst reports. Oppenheimer increased their price target on CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Rosenblatt Securities increased their target price on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Royal Bank of Canada lifted their price target on shares of CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research report on Thursday, October 17th. Finally, Truist Financial boosted their target price on CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $369.00.

CrowdStrike Stock Up 2.6 %

Shares of NASDAQ CRWD opened at $366.41 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market capitalization of $90.25 billion, a PE ratio of 718.47, a P/E/G ratio of 18.99 and a beta of 1.14. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $398.33. The business’s fifty day moving average price is $356.61 and its 200-day moving average price is $311.51.

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.