Empower Advisory Group LLC Has $1.43 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Empower Advisory Group LLC raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,174 shares of the company’s stock after buying an additional 210 shares during the quarter. Empower Advisory Group LLC’s holdings in CrowdStrike were worth $1,428,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. State Street Corp grew its position in shares of CrowdStrike by 2.9% during the 3rd quarter. State Street Corp now owns 9,630,776 shares of the company’s stock worth $2,701,144,000 after buying an additional 275,717 shares during the period. Jennison Associates LLC lifted its holdings in shares of CrowdStrike by 6.9% during the 4th quarter. Jennison Associates LLC now owns 5,420,980 shares of the company’s stock valued at $1,854,843,000 after purchasing an additional 352,180 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of CrowdStrike by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 4,893,457 shares of the company’s stock valued at $1,367,505,000 after purchasing an additional 97,990 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of CrowdStrike by 12.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,570,440 shares of the company’s stock valued at $440,461,000 after purchasing an additional 171,861 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of CrowdStrike by 1.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,354,494 shares of the company’s stock valued at $379,895,000 after purchasing an additional 20,899 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on CRWD. Hsbc Global Res cut CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Truist Financial lifted their price objective on CrowdStrike from $385.00 to $460.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Rosenblatt Securities lifted their price objective on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a report on Monday, November 25th. Oppenheimer boosted their target price on CrowdStrike from $365.00 to $410.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. boosted their target price on CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $376.00.

Insider Buying and Selling at CrowdStrike

In other news, Director Sameer K. Gandhi sold 17,120 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $428.13, for a total transaction of $7,329,585.60. Following the sale, the director now directly owns 780,592 shares of the company’s stock, valued at approximately $334,194,852.96. This represents a 2.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Anurag Saha sold 1,863 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the sale, the chief accounting officer now directly owns 41,059 shares in the company, valued at approximately $14,718,009.14. This trade represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 132,565 shares of company stock valued at $49,235,849 in the last ninety days. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD opened at $455.18 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’s fifty day moving average price is $378.67 and its two-hundred day moving average price is $325.10. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.44. The firm has a market cap of $112.12 billion, a price-to-earnings ratio of 892.53, a P/E/G ratio of 17.22 and a beta of 1.16.

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.