AdvisorNet Financial Inc Sells 67 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

AdvisorNet Financial Inc lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,186 shares of the company’s stock after selling 67 shares during the quarter. AdvisorNet Financial Inc’s holdings in CrowdStrike were worth $380,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CVA Family Office LLC purchased a new stake in shares of CrowdStrike during the 4th quarter valued at $26,000. Hexagon Capital Partners LLC purchased a new stake in shares of CrowdStrike during the 4th quarter valued at $26,000. Silver Oak Securities Incorporated purchased a new position in CrowdStrike in the 3rd quarter worth $27,000. Bear Mountain Capital Inc. purchased a new position in CrowdStrike in the 4th quarter worth $27,000. Finally, Johnson Financial Group Inc. purchased a new position in CrowdStrike in the 4th quarter worth $31,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Down 0.7 %

Shares of NASDAQ CRWD opened at $377.93 on Tuesday. The firm has a market cap of $91.97 billion, a price-to-earnings ratio of 713.09, a PEG ratio of 19.02 and a beta of 1.08. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.29. CrowdStrike Holdings, Inc. has a 52-week low of $139.37 and a 52-week high of $394.64. The business’s 50 day moving average is $334.19 and its two-hundred day moving average is $310.51.

Wall Street Analyst Weigh In

CRWD has been the subject of a number of research analyst reports. Rosenblatt Securities raised their target price on CrowdStrike from $415.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 5th. Mizuho reduced their target price on CrowdStrike from $390.00 to $370.00 and set a “buy” rating for the company in a research note on Wednesday, June 5th. Barclays raised their target price on CrowdStrike from $340.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 6th. HSBC raised their target price on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Finally, Wedbush reduced their price objective on CrowdStrike from $390.00 to $385.00 and set an “outperform” rating for the company in a research note on Wednesday, June 5th. One research analyst has rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $380.62.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, CFO Burt W. Podbere sold 64,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $316.48, for a total value of $20,254,720.00. Following the sale, the chief financial officer now owns 306,508 shares of the company’s stock, valued at $97,003,651.84. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $382.93, for a total value of $1,723,185.00. Following the completion of the transaction, the insider now owns 200,672 shares in the company, valued at $76,843,328.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Burt W. Podbere sold 64,000 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the transaction, the chief financial officer now owns 306,508 shares of the company’s stock, valued at approximately $97,003,651.84. The disclosure for this sale can be found here. Insiders have sold a total of 180,956 shares of company stock valued at $57,080,594 over the last quarter. 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.