Centaurus Financial Inc. Has $253,000 Stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Centaurus Financial Inc. trimmed its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 76.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 990 shares of the company’s stock after selling 3,284 shares during the period. Centaurus Financial Inc.’s holdings in CrowdStrike were worth $253,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of CRWD. CVA Family Office LLC bought a new stake in CrowdStrike in the fourth quarter valued at approximately $26,000. Hexagon Capital Partners LLC bought a new stake in shares of CrowdStrike during the fourth quarter worth $26,000. Bear Mountain Capital Inc. bought a new stake in shares of CrowdStrike during the fourth quarter worth $27,000. Johnson Financial Group Inc. bought a new stake in shares of CrowdStrike during the fourth quarter worth $31,000. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in shares of CrowdStrike during the fourth quarter worth $36,000. 71.16% of the stock is owned by institutional investors.

CrowdStrike Price Performance

NASDAQ:CRWD opened at $390.43 on Tuesday. CrowdStrike Holdings, Inc. has a 52 week low of $139.37 and a 52 week high of $394.64. The firm has a market cap of $95.02 billion, a price-to-earnings ratio of 736.66, a P/E/G ratio of 19.26 and a beta of 1.08. The firm’s 50-day simple moving average is $326.78 and its 200 day simple moving average is $305.38. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.80 and a current ratio of 1.80.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction dated 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 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 legal filing with the SEC, which is available through this link. In other news, CEO George Kurtz sold 56,279 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $304.41, for a total value of $17,131,890.39. Following the sale, the chief executive officer now directly owns 1,146,048 shares in the company, valued at approximately $348,868,471.68. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $382.93, for a total transaction of $1,723,185.00. Following the completion of the sale, the insider now owns 200,672 shares in the company, valued at $76,843,328.96. The disclosure for this sale can be found here. Insiders have sold a total of 321,500 shares of company stock valued at $102,952,345 in the last ninety days. 4.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CRWD. Canaccord Genuity Group increased their price objective on shares of CrowdStrike from $400.00 to $405.00 and gave the stock a “buy” rating in a research report on Wednesday, June 5th. UBS Group increased their target price on shares of CrowdStrike from $385.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Barclays increased their target price on shares of CrowdStrike from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. KeyCorp reduced their target price on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. Finally, Piper Sandler restated an “overweight” rating and set a $400.00 target price on shares of CrowdStrike in a report on Wednesday, June 5th. One analyst has rated the stock with a hold rating, thirty-seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $380.62.

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.