CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Principle Wealth Partners LLC

Principle Wealth Partners LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,465 shares of the company’s stock after buying an additional 220 shares during the quarter. Principle Wealth Partners LLC’s holdings in CrowdStrike were worth $1,140,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth about $26,000. Silver Oak Securities Incorporated bought a new stake in shares of CrowdStrike in the 3rd quarter worth about $27,000. Bear Mountain Capital Inc. bought a new stake in shares of CrowdStrike in the 4th quarter worth about $27,000. Gradient Investments LLC increased its position in shares of CrowdStrike by 1,818.2% in the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in shares of CrowdStrike in the 4th quarter worth about $36,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other news, CEO George Kurtz sold 78,080 shares of CrowdStrike stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at approximately $64,525,067.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Kurtz sold 78,080 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $326.78, for a total value of $25,514,982.40. Following the completion of the sale, the chief executive officer now directly owns 1,148,102 shares in the company, valued at approximately $375,176,771.56. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock valued at $72,113,932. Insiders own 5.68% of the company’s stock.

CrowdStrike Stock Up 2.0 %

CRWD stock opened at $304.07 on Monday. CrowdStrike Holdings, Inc. has a 12 month low of $115.67 and a 12 month high of $365.00. The firm has a market cap of $73.55 billion, a PE ratio of 844.66, a P/E/G ratio of 12.16 and a beta of 1.05. The firm has a 50 day simple moving average of $314.71 and a 200 day simple moving average of $269.29. 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 announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The firm had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. Equities research analysts forecast that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CRWD shares. JMP Securities boosted their target price on shares of CrowdStrike from $330.00 to $400.00 and gave the stock a “market outperform” rating in a research report on Wednesday, March 6th. Rosenblatt Securities reissued a “buy” rating and issued a $400.00 target price on shares of CrowdStrike in a research report on Monday, April 8th. HSBC boosted their price objective on shares of CrowdStrike from $411.00 to $412.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. UBS Group boosted their price objective on shares of CrowdStrike from $385.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Finally, Truist Financial boosted their price objective on shares of CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the stock. Based on data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $371.87.

CrowdStrike Company 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.