Magnus Financial Group LLC Invests $241,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Magnus Financial Group LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 705 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors also recently bought and sold shares of the stock. Eagle Wealth Strategies LLC purchased a new position in shares of CrowdStrike in the fourth quarter worth $209,000. Global Trust Asset Management LLC increased its position in shares of CrowdStrike by 119.4% in the 4th quarter. Global Trust Asset Management LLC now owns 452 shares of the company’s stock valued at $155,000 after acquiring an additional 246 shares during the period. Nisa Investment Advisors LLC raised its stake in CrowdStrike by 21.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 50,451 shares of the company’s stock worth $17,262,000 after acquiring an additional 8,779 shares during the last quarter. Simon Quick Advisors LLC lifted its position in CrowdStrike by 15.4% during the 4th quarter. Simon Quick Advisors LLC now owns 1,358 shares of the company’s stock worth $465,000 after acquiring an additional 181 shares during the period. Finally, Aspire Private Capital LLC grew its stake in CrowdStrike by 3.7% during the 4th quarter. Aspire Private Capital LLC now owns 3,133 shares of the company’s stock valued at $1,072,000 after purchasing an additional 113 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CRWD shares. Scotiabank raised their price objective on CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Wedbush set a $330.00 price objective on shares of CrowdStrike in a research note on Thursday, October 17th. Stifel Nicolaus increased their price objective on shares of CrowdStrike from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Bank of America boosted their target price on shares of CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price target on shares of CrowdStrike in a research report on Monday, November 4th. One 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 company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $369.00.

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Michael Sentonas sold 10,801 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $358.47, for a total transaction of $3,871,834.47. Following the sale, the president now owns 389,589 shares of the company’s stock, valued at $139,655,968.83. This represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 110,351 shares of company stock valued at $38,935,113. Insiders own 4.34% of the company’s stock.

CrowdStrike Price Performance

CRWD stock opened at $377.70 on Friday. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $398.33. The firm has a market capitalization of $93.03 billion, a PE ratio of 740.60, a price-to-earnings-growth ratio of 19.49 and a beta of 1.14. 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 business has a 50 day simple moving average of $357.22 and a 200-day simple moving average of $311.97.

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.