Prospect Financial Services LLC Boosts Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Prospect Financial Services LLC boosted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,216 shares of the company’s stock after purchasing an additional 240 shares during the quarter. Prospect Financial Services LLC’s holdings in CrowdStrike were worth $758,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Synergy Financial Group LTD boosted its position in CrowdStrike by 0.8% in the 3rd 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. M3 Advisory Group LLC raised its stake in shares of CrowdStrike by 2.8% during the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock valued at $407,000 after acquiring an additional 32 shares in the last quarter. Meridian Financial Partners LLC boosted its holdings in shares of CrowdStrike by 0.6% in the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock valued at $1,914,000 after purchasing an additional 33 shares during the period. Sunpointe LLC grew its stake in 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. Finally, Hilltop Holdings Inc. increased its holdings in CrowdStrike by 1.8% during the 3rd 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. 71.16% of the stock is currently owned by institutional investors.

Insider Activity

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the transaction, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. The trade was a 3.91 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the transaction, the director now owns 42,391 shares in the company, valued at approximately $14,791,491.63. This represents a 41.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,351 shares of company stock worth $38,935,113 over the last three months. 4.34% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Down 0.3 %

CRWD opened at $373.75 on Tuesday. The company has a fifty day moving average of $358.65 and a two-hundred day moving average of $311.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. 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 $92.06 billion, a price-to-earnings ratio of 732.86, a PEG ratio of 20.07 and a beta of 1.14.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CRWD shares. JMP Securities reissued a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Monday, November 4th. Royal Bank of Canada increased their target price on shares of CrowdStrike from $365.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. The Goldman Sachs Group boosted their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, December 24th. Wedbush set a $330.00 price target on shares of CrowdStrike in a research report on Thursday, October 17th. Finally, Piper Sandler lifted their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $369.00.

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.