180 Wealth Advisors LLC Sells 672 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

180 Wealth Advisors LLC lowered its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 14.9% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 3,849 shares of the company’s stock after selling 672 shares during the period. 180 Wealth Advisors LLC’s holdings in CrowdStrike were worth $1,234,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Shepherd Financial Partners LLC boosted its position in CrowdStrike by 1.4% in the fourth quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock worth $645,000 after purchasing an additional 36 shares during the last quarter. Cigna Investments Inc. New boosted its stake in CrowdStrike by 1.7% in the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock valued at $592,000 after acquiring an additional 38 shares during the last quarter. Pier 88 Investment Partners LLC grew its position in shares of CrowdStrike by 0.9% during the 4th quarter. Pier 88 Investment Partners LLC now owns 4,690 shares of the company’s stock valued at $1,197,000 after acquiring an additional 40 shares during the period. GAMMA Investing LLC increased its stake in shares of CrowdStrike by 18.5% during the 1st quarter. GAMMA Investing LLC now owns 282 shares of the company’s stock worth $90,000 after purchasing an additional 44 shares during the last quarter. Finally, Fagan Associates Inc. raised its holdings in shares of CrowdStrike by 0.5% in the 4th quarter. Fagan Associates Inc. now owns 9,650 shares of the company’s stock worth $2,464,000 after purchasing an additional 45 shares during the period. Institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In related news, CEO George Kurtz sold 56,279 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $304.41, for a total transaction of $17,131,890.39. Following the sale, the chief executive officer now directly owns 1,146,048 shares of the company’s stock, valued at $348,868,471.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other CrowdStrike news, CEO George Kurtz sold 56,279 shares of CrowdStrike stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $304.41, for a total value of $17,131,890.39. Following the completion of the sale, the chief executive officer now owns 1,146,048 shares of the company’s stock, valued at approximately $348,868,471.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Anurag Saha sold 1,662 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the transaction, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 273,675 shares of company stock worth $92,085,172. Corporate insiders own 4.34% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on CRWD shares. Citigroup raised their target price on CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Oppenheimer boosted their price objective on CrowdStrike from $355.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, June 5th. Jefferies Financial Group lifted their target price on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Guggenheim reissued a “buy” rating and issued a $424.00 price target on shares of CrowdStrike in a research report on Tuesday. Finally, Wedbush cut their price objective on shares of CrowdStrike from $390.00 to $385.00 and set an “outperform” rating for the company in a report on Wednesday, June 5th. One research analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, CrowdStrike presently has an average rating of “Buy” and an average target price of $380.62.

CrowdStrike Stock Up 1.8 %

CRWD stock traded up $6.92 on Thursday, reaching $387.29. 3,664,296 shares of the company traded hands, compared to its average volume of 4,157,959. CrowdStrike Holdings, Inc. has a one year low of $139.37 and a one year high of $394.64. The company has a market cap of $94.25 billion, a P/E ratio of 732.16, a price-to-earnings-growth ratio of 19.36 and a beta of 1.08. The firm has a fifty day simple moving average of $337.67 and a 200-day simple moving average of $312.01. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80.

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.