Wealth Enhancement Advisory Services LLC Raises Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Wealth Enhancement Advisory Services LLC raised its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 11.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,130 shares of the company’s stock after acquiring an additional 13,233 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.05% of CrowdStrike worth $40,436,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. ERn Financial LLC purchased a new stake in shares of CrowdStrike during the 1st quarter worth approximately $208,000. Defined Wealth Management LLC purchased a new stake in CrowdStrike in the 1st quarter valued at $245,000. Key Client Fiduciary Advisors LLC purchased a new stake in CrowdStrike in the 1st quarter valued at $211,000. TrueMark Investments LLC raised its position in CrowdStrike by 13.5% in the 1st quarter. TrueMark Investments LLC now owns 10,727 shares of the company’s stock valued at $3,439,000 after purchasing an additional 1,274 shares during the last quarter. Finally, Future Financial Wealth Managment LLC purchased a new stake in CrowdStrike in the 1st quarter valued at $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CRWD shares. Robert W. Baird upped their price target on shares of CrowdStrike from $281.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Truist Financial upped their price target 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. Jefferies Financial Group boosted their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Barclays boosted their price objective on shares of CrowdStrike from $340.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. Finally, Scotiabank dropped their price objective on shares of CrowdStrike from $400.00 to $393.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, June 5th. One investment analyst has rated the stock with a hold rating, thirty-seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $380.62.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,662 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $632,607.06. Following the transaction, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CAO Anurag Saha sold 1,662 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $380.63, for a total transaction of $632,607.06. Following the transaction, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the 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 transaction, the insider now owns 208,961 shares in the company, valued at $64,525,067.19. The disclosure for this sale can be found here. Insiders have sold a total of 273,675 shares of company stock worth $92,085,172 in the last three months. Company insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 1.8 %

NASDAQ:CRWD traded up $6.92 on Thursday, reaching $387.29. The stock had a trading volume of 3,664,296 shares, compared to its average volume of 4,157,959. The company has a market cap of $94.25 billion, a price-to-earnings ratio of 732.16, a P/E/G ratio of 19.36 and a beta of 1.08. 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’s fifty day moving average is $337.67 and its two-hundred day moving average is $312.01. CrowdStrike Holdings, Inc. has a 12-month low of $139.37 and a 12-month high of $394.64.

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.