Vanguard Capital Wealth Advisors Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Vanguard Capital Wealth Advisors acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,500 shares of the company’s stock, valued at approximately $513,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC bought a new stake in shares of CrowdStrike in the 4th quarter worth approximately $27,000. FPC Investment Advisory Inc. boosted its position in shares of CrowdStrike by 811.1% in the 4th quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock valued at $28,000 after purchasing an additional 73 shares during the period. Luken Investment Analytics LLC acquired a new stake in CrowdStrike during the 4th quarter worth about $34,000. Crowley Wealth Management Inc. acquired a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $34,000. Finally, Millstone Evans Group LLC acquired a new position in CrowdStrike in the 4th quarter worth approximately $34,000. Institutional investors own 71.16% of the company’s stock.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $444.35 on Tuesday. The firm’s 50 day simple moving average is $387.79 and its 200 day simple moving average is $376.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market capitalization of $110.14 billion, a price-to-earnings ratio of 871.29, a P/E/G ratio of 17.86 and a beta of 1.22. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $455.59.

Analyst Ratings Changes

Several brokerages recently issued reports on CRWD. Wells Fargo & Company increased their price objective on CrowdStrike from $400.00 to $430.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 5th. Mizuho downgraded shares of CrowdStrike from an “outperform” rating to a “neutral” rating and set a $425.00 price objective on the stock. in a research report on Thursday, May 15th. Raymond James downgraded shares of CrowdStrike from an “outperform” rating to a “cautious” rating in a research report on Monday, March 10th. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $450.00 target price on shares of CrowdStrike in a research note on Thursday, May 8th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $403.56.

Insider Activity

In other news, CEO George Kurtz sold 55,556 shares of CrowdStrike stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $447.54, for a total value of $24,863,532.24. Following the completion of the transaction, the chief executive officer now owns 2,192,610 shares of the company’s stock, valued at $981,280,679.40. This trade represents a 2.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $353.00, for a total value of $1,588,500.00. Following the transaction, the insider now directly owns 89,714 shares in the company, valued at approximately $31,669,042. This trade represents a 4.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 185,431 shares of company stock worth $74,472,548 over the last ninety days. Insiders own 3.32% of the company’s stock.

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.