Gateway Wealth Partners LLC Increases Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Gateway Wealth Partners LLC grew its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 27.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 918 shares of the company’s stock after acquiring an additional 195 shares during the period. Gateway Wealth Partners LLC’s holdings in CrowdStrike were worth $314,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike during the fourth quarter worth about $27,000. Oakworth Capital Inc. acquired a new stake in CrowdStrike during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC boosted its position in CrowdStrike by 112.8% in the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the period. Tsfg LLC grew its stake in shares of CrowdStrike by 593.3% in the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after acquiring an additional 89 shares in the last quarter. Finally, Castleview Partners LLC purchased a new stake in shares of CrowdStrike during the third quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the completion of the sale, the insider now directly owns 115,798 shares in the company, valued at approximately $42,629,875.72. The trade was a 3.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at $14,718,009.14. This trade represents a 4.34 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by company insiders.

CrowdStrike Trading Down 2.8 %

Shares of CrowdStrike stock opened at $397.07 on Thursday. The firm has a market cap of $97.80 billion, a PE ratio of 778.58, a P/E/G ratio of 20.07 and a beta of 1.14. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $411.30. The business’s fifty day moving average is $360.37 and its two-hundred day moving average is $311.65.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Barclays boosted their target price on CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Citigroup boosted their price objective on CrowdStrike from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Scotiabank raised their target price on shares of CrowdStrike from $300.00 to $370.00 and gave the company a “sector perform” rating in a report on Tuesday, January 21st. BNP Paribas initiated coverage on shares of CrowdStrike in a report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 price target for the company. Finally, Jefferies Financial Group raised their price objective on shares of CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $369.00.

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.