Future Financial Wealth Managment LLC Buys Shares of 100 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Future Financial Wealth Managment LLC purchased a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 100 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors have also made changes to their positions in CRWD. CVA Family Office LLC acquired a new stake in CrowdStrike in the fourth quarter valued at approximately $26,000. Hexagon Capital Partners LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at $26,000. Silver Oak Securities Incorporated bought a new stake in CrowdStrike in the third quarter worth $27,000. Bear Mountain Capital Inc. acquired a new position in CrowdStrike during the fourth quarter worth $27,000. Finally, Johnson Financial Group Inc. bought a new position in CrowdStrike during the fourth quarter valued at about $31,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Burt W. Podbere sold 64,000 shares of CrowdStrike stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the completion of the transaction, the chief financial officer now directly owns 306,508 shares in the company, valued at $97,003,651.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other CrowdStrike news, CAO Anurag Saha sold 1,662 shares of the stock in a transaction on Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $632,607.06. Following the completion of the transaction, the chief accounting officer now directly owns 40,645 shares of the company’s stock, valued at $15,470,706.35. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Burt W. Podbere sold 64,000 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $316.48, for a total value of $20,254,720.00. Following the sale, the chief financial officer now owns 306,508 shares in the company, valued at approximately $97,003,651.84. The disclosure for this sale can be found here. Insiders sold 273,675 shares of company stock worth $92,085,172 in the last quarter. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Price Performance

CrowdStrike stock opened at $387.29 on Friday. CrowdStrike Holdings, Inc. has a one year low of $139.37 and a one year high of $394.64. 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 stock’s 50 day moving average is $337.67 and its 200 day moving average is $312.01. The firm has a market cap of $94.25 billion, a P/E ratio of 730.75, a P/E/G ratio of 19.36 and a beta of 1.08.

Analyst Upgrades and Downgrades

CRWD has been the subject of several recent analyst reports. Scotiabank decreased their price target on CrowdStrike from $400.00 to $393.00 and set a “sector outperform” rating for the company in a research note on Wednesday, June 5th. JMP Securities reiterated a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a report on Tuesday, May 14th. DA Davidson reduced their price objective on shares of CrowdStrike from $425.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday, June 5th. Royal Bank of Canada reiterated an “outperform” rating and issued a $420.00 target price on shares of CrowdStrike in a research note on Wednesday, June 5th. Finally, Rosenblatt Securities boosted their target price on shares of CrowdStrike from $415.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, June 5th. One research analyst has rated the stock with a hold rating, thirty-seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, CrowdStrike presently has an average rating of “Buy” and an average 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.