Sigma Planning Corp Buys 3,603 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Sigma Planning Corp raised its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 33.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,281 shares of the company’s stock after purchasing an additional 3,603 shares during the quarter. Sigma Planning Corp’s holdings in CrowdStrike were worth $4,886,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Berbice Capital Management LLC bought a new position in shares of CrowdStrike during the 4th quarter worth about $27,000. Fortitude Family Office LLC boosted its position in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike during the 4th quarter valued at about $34,000. Princeton Global Asset Management LLC boosted its position in shares of CrowdStrike by 240.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 136 shares of the company’s stock valued at $38,000 after acquiring an additional 96 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of CrowdStrike during the 3rd quarter valued at about $38,000. Institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of several recent research reports. Mizuho lifted their target price on shares of CrowdStrike from $385.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Scotiabank lifted their target price on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price target on shares of CrowdStrike from $372.00 to $418.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Monday, November 25th. Finally, The Goldman Sachs Group boosted their price target on shares of CrowdStrike from $372.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $383.08.

CrowdStrike Stock Down 6.8 %

CrowdStrike stock opened at $406.61 on Friday. The stock has a market capitalization of $100.15 billion, a PE ratio of 797.30, a price-to-earnings-growth ratio of 18.44 and a beta of 1.16. CrowdStrike Holdings, Inc. has a twelve month low of $200.81 and a twelve month high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $384.76 and a 200-day moving average of $329.67.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $345.65, for a total transaction of $2,160,312.50. Following the completion of the transaction, the director now owns 811,842 shares in the company, valued at approximately $280,613,187.30. This represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gerhard Watzinger sold 30,000 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total transaction of $10,467,900.00. Following the transaction, the director now owns 42,391 shares of the company’s stock, valued at $14,791,491.63. The trade was a 41.44 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 136,565 shares of company stock worth $51,038,529. 4.34% of the stock is owned by 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.