CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lifted its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 59.4% during the fourth quarter, Holdings Channel reports. The fund owned 51,459 shares of the company’s stock after buying an additional 19,186 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in CrowdStrike were worth $13,139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. CVA Family Office LLC purchased a new stake in CrowdStrike during the fourth quarter worth $26,000. Bear Mountain Capital Inc. purchased a new position in CrowdStrike during the fourth quarter valued at $27,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of CrowdStrike in the fourth quarter valued at about $36,000. Quent Capital LLC raised its position in shares of CrowdStrike by 48.5% in the fourth quarter. Quent Capital LLC now owns 147 shares of the company’s stock valued at $38,000 after buying an additional 48 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of CrowdStrike in the third quarter valued at about $27,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Stock Down 1.0 %

NASDAQ:CRWD traded down $2.98 during trading hours on Thursday, hitting $294.64. The stock had a trading volume of 914,582 shares, compared to its average volume of 3,533,009. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32. CrowdStrike Holdings, Inc. has a 1-year low of $115.67 and a 1-year high of $365.00. The business has a 50 day simple moving average of $315.88 and a two-hundred day simple moving average of $267.07. The company has a market cap of $71.26 billion, a PE ratio of 811.72, a price-to-earnings-growth ratio of 11.98 and a beta of 1.05.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. The company had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Analysts predict that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

Insider Activity

In related news, CAO Anurag Saha sold 1,786 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $331.52, for a total transaction of $592,094.72. Following the transaction, the chief accounting officer now directly owns 34,350 shares in the company, valued at $11,387,712. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO George Kurtz sold 78,080 shares of CrowdStrike stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 1,786 shares of CrowdStrike stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $331.52, for a total transaction of $592,094.72. Following the sale, the chief accounting officer now owns 34,350 shares in the company, valued at $11,387,712. The disclosure for this sale can be found here. In the last three months, insiders sold 223,544 shares of company stock worth $72,113,932. 5.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

CRWD has been the subject of several recent analyst reports. BMO Capital Markets raised their price objective on shares of CrowdStrike from $332.00 to $425.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Raymond James started coverage on shares of CrowdStrike in a research report on Tuesday, January 30th. They set an “outperform” rating and a $330.00 price objective for the company. Canaccord Genuity Group lifted their target price on shares of CrowdStrike from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Scotiabank boosted their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a research note on Wednesday, March 6th. Finally, Sanford C. Bernstein assumed 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 analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat, CrowdStrike currently has an average rating of “Moderate Buy” and a consensus price target of $371.87.

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.