CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Bogart Wealth LLC

Bogart Wealth LLC boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 50.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150 shares of the company’s stock after purchasing an additional 50 shares during the quarter. Bogart Wealth LLC’s holdings in CrowdStrike were worth $38,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CRWD. Cigna Investments Inc. New raised its position in shares of CrowdStrike by 1.7% during the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after purchasing an additional 38 shares during the period. Quent Capital LLC grew its stake in 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 purchasing an additional 48 shares in the last quarter. Advisory Resource Group grew its stake in CrowdStrike by 0.7% in the third quarter. Advisory Resource Group now owns 6,670 shares of the company’s stock valued at $1,116,000 after purchasing an additional 49 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its stake in CrowdStrike by 23.9% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 254 shares of the company’s stock valued at $65,000 after purchasing an additional 49 shares in the last quarter. Finally, Modus Advisors LLC lifted its position in shares of CrowdStrike by 1.7% in the fourth quarter. Modus Advisors LLC now owns 2,950 shares of the company’s stock worth $753,000 after buying an additional 50 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Anurag Saha sold 1,786 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $331.52, for a total value of $592,094.72. Following the sale, the chief accounting officer now directly owns 34,350 shares in the company, valued at $11,387,712. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other CrowdStrike news, CEO George Kurtz sold 78,080 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the transaction, the chief executive officer now owns 1,148,102 shares of the company’s stock, valued at $375,176,771.56. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Anurag Saha sold 1,786 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $331.52, for a total value of $592,094.72. Following the sale, the chief accounting officer now owns 34,350 shares of the company’s stock, valued at approximately $11,387,712. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 295,576 shares of company stock worth $94,052,850. Corporate insiders own 5.68% of the company’s stock.

Analyst Ratings Changes

CRWD has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their price target on CrowdStrike from $222.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Scotiabank boosted their price objective on CrowdStrike from $320.00 to $400.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 6th. JPMorgan Chase & Co. boosted their price objective on CrowdStrike from $350.00 to $371.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 6th. HSBC boosted their price objective on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Finally, UBS Group boosted their price objective on CrowdStrike from $385.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $371.87.

CrowdStrike Trading Up 1.0 %

Shares of NASDAQ CRWD traded up $3.21 during midday trading on Thursday, hitting $316.97. The stock had a trading volume of 501,438 shares, compared to its average volume of 3,424,920. The company’s 50-day simple moving average is $313.23 and its 200 day simple moving average is $275.18. The firm has a market cap of $76.67 billion, a P/E ratio of 871.58, a price-to-earnings-growth ratio of 12.41 and a beta of 1.08. CrowdStrike Holdings, Inc. has a fifty-two week low of $129.25 and a fifty-two week high of $365.00. 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 (NASDAQ:CRWD) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. The business had revenue of $845.34 million for the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 EPS for the current year.

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.