Mindset Wealth Management LLC Boosts Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Mindset Wealth Management LLC grew its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 30.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,644 shares of the company’s stock after purchasing an additional 388 shares during the period. Mindset Wealth Management LLC’s holdings in CrowdStrike were worth $563,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Berbice Capital Management LLC purchased a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $27,000. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% during the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after purchasing an additional 73 shares during the period. Fortitude Family Office LLC boosted its position in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after purchasing an additional 44 shares during the period. Luken Investment Analytics LLC purchased a new position in shares of CrowdStrike during the 4th quarter worth approximately $34,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of CrowdStrike during the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CRWD. Oppenheimer increased their price objective on shares of CrowdStrike from $365.00 to $410.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Baird R W lowered shares of CrowdStrike from a “strong-buy” rating to a “hold” rating in a report on Monday, February 3rd. Needham & Company LLC reiterated a “buy” rating and set a $420.00 target price on shares of CrowdStrike in a report on Wednesday, March 5th. Scotiabank reiterated a “sector perform” rating on shares of CrowdStrike in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $399.51.

Insider Activity

In related news, CAO Anurag Saha sold 1,863 shares of the business’s stock in a transaction dated 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 approximately $14,718,009.14. The trade was a 4.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Burt W. Podbere sold 11,217 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.14, for a total transaction of $4,017,256.38. Following the sale, the chief financial officer now directly owns 290,711 shares in the company, valued at approximately $104,115,237.54. This represents a 3.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,315 shares of company stock valued at $38,319,124 over the last quarter. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Down 1.6 %

Shares of NASDAQ:CRWD opened at $369.03 on Friday. The company has a market cap of $91.47 billion, a price-to-earnings ratio of 723.60, a PEG ratio of 17.86 and a beta of 1.19. The firm’s 50-day simple moving average is $386.27 and its 200-day simple moving average is $343.52. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.

CrowdStrike 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.