First Affirmative Financial Network Boosts Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

First Affirmative Financial Network grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 884 shares of the company’s stock after buying an additional 72 shares during the quarter. First Affirmative Financial Network’s holdings in CrowdStrike were worth $283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Shepherd Financial Partners LLC boosted its holdings in CrowdStrike by 1.4% during the 4th quarter. Shepherd Financial Partners LLC now owns 2,528 shares of the company’s stock valued at $645,000 after acquiring an additional 36 shares during the period. Cigna Investments Inc. New lifted its position in CrowdStrike by 1.7% in the fourth quarter. Cigna Investments Inc. New now owns 2,319 shares of the company’s stock valued at $592,000 after purchasing an additional 38 shares during the last quarter. Pier 88 Investment Partners LLC boosted its stake in shares of CrowdStrike by 0.9% during the fourth quarter. Pier 88 Investment Partners LLC now owns 4,690 shares of the company’s stock valued at $1,197,000 after purchasing an additional 40 shares during the period. GAMMA Investing LLC grew its holdings in shares of CrowdStrike by 18.5% in the first quarter. GAMMA Investing LLC now owns 282 shares of the company’s stock worth $90,000 after purchasing an additional 44 shares during the last quarter. Finally, Fagan Associates Inc. increased its stake in shares of CrowdStrike by 0.5% in the fourth quarter. Fagan Associates Inc. now owns 9,650 shares of the company’s stock worth $2,464,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, June 17th. The stock was 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 directly owns 200,672 shares of the company’s stock, valued at approximately $76,843,328.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, June 17th. The stock was 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 directly owns 200,672 shares of the company’s stock, valued at approximately $76,843,328.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Anurag Saha sold 1,786 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $331.52, for a total value of $592,094.72. Following the transaction, the chief accounting officer now owns 34,350 shares in the company, valued at $11,387,712. The disclosure for this sale can be found here. In the last three months, insiders sold 182,742 shares of company stock valued at $57,672,688. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Trading Down 0.4 %

CRWD opened at $380.63 on Friday. The firm has a market cap of $92.63 billion, a price-to-earnings ratio of 718.18, a PEG ratio of 19.09 and a beta of 1.08. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. CrowdStrike Holdings, Inc. has a 12 month low of $139.37 and a 12 month high of $394.64. The stock has a fifty day moving average price of $332.62 and a 200-day moving average price of $309.05.

Wall Street Analyst Weigh In

CRWD has been the subject of several analyst reports. KeyCorp dropped their price target on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. UBS Group raised their target price on CrowdStrike from $385.00 to $430.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Tuesday, May 14th. BTIG Research dropped their price objective on CrowdStrike from $432.00 to $402.00 and set a “buy” rating for the company in a report on Wednesday, June 5th. Finally, Morgan Stanley increased their price objective on CrowdStrike from $372.00 to $422.00 and gave the stock an “overweight” rating in a report on Tuesday, May 28th. One analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Buy” and a consensus target price of $380.62.

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.