180 Wealth Advisors LLC Reduces Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

180 Wealth Advisors LLC cut its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 5,734 shares of the company’s stock after selling 109 shares during the quarter. 180 Wealth Advisors LLC’s holdings in CrowdStrike were worth $837,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Coppell Advisory Solutions Corp. bought a new position in shares of CrowdStrike during the fourth quarter worth about $25,000. Freedom Wealth Alliance LLC bought a new position in CrowdStrike during the 4th quarter worth approximately $32,000. WealthPLAN Partners LLC acquired a new position in shares of CrowdStrike in the 1st quarter worth approximately $38,000. Rise Advisors LLC increased its holdings in shares of CrowdStrike by 41.7% in the 1st quarter. Rise Advisors LLC now owns 326 shares of the company’s stock valued at $45,000 after acquiring an additional 96 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC raised its position in shares of CrowdStrike by 68.5% during the 1st quarter. Householder Group Estate & Retirement Specialist LLC now owns 337 shares of the company’s stock valued at $46,000 after acquiring an additional 137 shares in the last quarter. 63.53% of the stock is owned by institutional investors and hedge funds.

CrowdStrike Trading Up 0.9 %

Shares of CRWD opened at $166.97 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.82 and a quick ratio of 1.82. CrowdStrike Holdings, Inc. has a 1-year low of $92.25 and a 1-year high of $181.84. The business’s 50-day moving average price is $154.75 and its 200 day moving average price is $143.55.

Analysts Set New Price Targets

Several analysts have weighed in on CRWD shares. Canaccord Genuity Group boosted their target price on shares of CrowdStrike from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Tuesday, August 22nd. KeyCorp started coverage on shares of CrowdStrike in a research note on Wednesday, June 14th. They set an “overweight” rating and a $200.00 price objective on the stock. Wells Fargo & Company lifted their target price on CrowdStrike from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, August 28th. BMO Capital Markets increased their price target on CrowdStrike from $165.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, August 31st. Finally, Robert W. Baird reduced their price objective on CrowdStrike from $185.00 to $180.00 in a research report on Thursday, June 1st. Five analysts have rated the stock with a hold rating and thirty-seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $183.28.

Insider Transactions at CrowdStrike

In related news, Director Roxanne S. Austin sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $154.32, for a total value of $3,086,400.00. Following the completion of the sale, the director now owns 37,656 shares in the company, valued at approximately $5,811,073.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other CrowdStrike news, Director Roxanne S. Austin sold 20,000 shares of the business’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $154.32, for a total transaction of $3,086,400.00. Following the sale, the director now directly owns 37,656 shares of the company’s stock, valued at approximately $5,811,073.92. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Anurag Saha sold 815 shares of the firm’s stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $150.48, for a total value of $122,641.20. Following the completion of the sale, the chief accounting officer now directly owns 31,852 shares of the company’s stock, valued at approximately $4,793,088.96. The disclosure for this sale can be found here. Insiders have sold a total of 342,479 shares of company stock valued at $51,344,648 over the last ninety days. Corporate insiders own 5.68% of the company’s stock.

CrowdStrike Profile

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.