ICA Group Wealth Management LLC Purchases Shares of 750 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

ICA Group Wealth Management LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 750 shares of the company’s stock, valued at approximately $191,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Shepherd Financial Partners LLC boosted its stake in shares of CrowdStrike by 1.4% during the 4th quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock worth $645,000 after acquiring an additional 36 shares in the last quarter. Cigna Investments Inc. New boosted its stake in shares of CrowdStrike by 1.7% during the 4th quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock worth $592,000 after acquiring an additional 38 shares in the last quarter. Pier 88 Investment Partners LLC boosted its stake 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 worth $1,197,000 after acquiring an additional 40 shares in the last quarter. Fagan Associates Inc. boosted its stake in shares of CrowdStrike by 0.5% during the 4th quarter. Fagan Associates Inc. now owns 9,650 shares of the company’s stock worth $2,464,000 after acquiring an additional 45 shares in the last quarter. Finally, Quent Capital LLC boosted its stake in shares of CrowdStrike by 48.5% during the 4th quarter. Quent Capital LLC now owns 147 shares of the company’s stock worth $38,000 after acquiring an additional 48 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented 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. Barclays raised their target price on CrowdStrike from $340.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 6th. Jefferies Financial Group raised their target price on CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Evercore ISI raised their target price on CrowdStrike from $255.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. Finally, TD Cowen raised their target price on CrowdStrike from $340.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $380.62.

CrowdStrike Stock Down 1.1 %

NASDAQ:CRWD traded down $4.13 on Monday, hitting $381.30. 648,284 shares of the company’s stock were exchanged, compared to its average volume of 3,690,449. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.80. The firm has a 50-day moving average price of $325.25 and a 200-day moving average price of $304.30. The company has a market cap of $92.79 billion, a P/E ratio of 724.94, a price-to-earnings-growth ratio of 19.26 and a beta of 1.08. CrowdStrike Holdings, Inc. has a 52 week low of $139.37 and a 52 week high of $390.71.

Insider Activity

In other news, CEO George Kurtz sold 78,080 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 1,148,102 shares of the company’s stock, valued at approximately $375,176,771.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 14,815 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $325.85, for a total value of $4,827,467.75. Following the transaction, the insider now directly owns 235,850 shares of the company’s stock, valued at approximately $76,851,722.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO George Kurtz sold 78,080 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $326.78, for a total transaction of $25,514,982.40. Following the completion of the transaction, the chief executive officer now directly owns 1,148,102 shares in the company, valued at $375,176,771.56. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 317,000 shares of company stock valued at $101,229,160. 4.34% of the stock is owned by company insiders.

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.