Signature Estate & Investment Advisors LLC Increases Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Signature Estate & Investment Advisors LLC increased its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 1.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,828 shares of the company’s stock after acquiring an additional 1,100 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in CrowdStrike were worth $20,471,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CRWD. Berbice Capital Management LLC purchased a new position in CrowdStrike in the 4th quarter valued at $27,000. Fortitude Family Office LLC lifted its stake in shares of CrowdStrike by 112.8% in the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after buying an additional 44 shares in the last quarter. FPC Investment Advisory Inc. boosted its position in CrowdStrike by 811.1% during the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC purchased a new stake in CrowdStrike during the 4th quarter valued at about $34,000. Finally, Crowley Wealth Management Inc. acquired a new stake in CrowdStrike in the 4th quarter valued at about $34,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CrowdStrike news, CAO Anurag Saha sold 2,858 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $364.29, for a total value of $1,041,140.82. Following the completion of the transaction, the chief accounting officer now owns 38,201 shares in the company, valued at $13,916,242.29. This represents a 6.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the sale, the insider now owns 98,214 shares in the company, valued at $34,857,130.74. This represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 52,858 shares of company stock valued at $21,288,706. Company insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CRWD opened at $372.64 on Tuesday. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $455.59. The company has a 50 day moving average of $387.16 and a two-hundred day moving average of $346.07. The company has a market cap of $92.37 billion, a P/E ratio of 730.68, a P/E/G ratio of 17.86 and a beta of 1.19. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CRWD shares. Raymond James lowered CrowdStrike from an “outperform” rating to a “cautious” rating in a research report on Monday, March 10th. Canaccord Genuity Group raised their target price on CrowdStrike from $370.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Jefferies Financial Group cut their price target on shares of CrowdStrike from $450.00 to $425.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. KeyCorp decreased their price objective on CrowdStrike from $480.00 to $450.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Finally, DA Davidson raised their target price on CrowdStrike from $395.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and an average target price of $399.51.

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.