CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Position Raised by HBW Advisory Services LLC

HBW Advisory Services LLC raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 42.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,456 shares of the company’s stock after purchasing an additional 433 shares during the quarter. HBW Advisory Services LLC’s holdings in CrowdStrike were worth $498,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Synergy Financial Group LTD raised its position in CrowdStrike by 0.8% during the third quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock valued at $1,108,000 after buying an additional 30 shares during the period. Sunpointe LLC lifted its position in shares of CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock worth $317,000 after purchasing an additional 34 shares in the last quarter. Hilltop Holdings Inc. boosted its holdings in shares of CrowdStrike by 1.8% during the third quarter. Hilltop Holdings Inc. now owns 1,932 shares of the company’s stock worth $542,000 after purchasing an additional 34 shares during the period. Interchange Capital Partners LLC grew its position in CrowdStrike by 1.1% during the third quarter. Interchange Capital Partners LLC now owns 3,694 shares of the company’s stock valued at $1,036,000 after purchasing an additional 39 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its stake in CrowdStrike by 9.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 478 shares of the company’s stock valued at $134,000 after buying an additional 40 shares during the period. 71.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. The trade was a 0.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $309.38, for a total value of $1,237,520.00. Following the completion of the sale, the insider now owns 124,298 shares of the company’s stock, valued at approximately $38,455,315.24. This trade represents a 3.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,351 shares of company stock worth $38,752,993. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $348.84 on Friday. 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 business’s fifty day moving average price is $352.17 and its two-hundred day moving average price is $314.01. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The stock has a market capitalization of $85.92 billion, a price-to-earnings ratio of 684.01, a price-to-earnings-growth ratio of 19.48 and a beta of 1.14.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. DA Davidson restated a “buy” rating and set a $310.00 price target on shares of CrowdStrike in a report on Wednesday, September 18th. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target for the company. in a research note on Wednesday, November 27th. Truist Financial increased their price objective on CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a report on Tuesday. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Finally, Barclays lifted their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.88.

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.