Benedict Financial Advisors Inc. Acquires 740 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Benedict Financial Advisors Inc. increased its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,380 shares of the company’s stock after acquiring an additional 740 shares during the period. Benedict Financial Advisors Inc.’s holdings in CrowdStrike were worth $2,183,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CRWD. AlphaStar Capital Management LLC bought a new stake in shares of CrowdStrike during the fourth quarter valued at approximately $208,000. Empirical Finance LLC bought a new stake in CrowdStrike in the 4th quarter valued at $277,000. Wilmington Savings Fund Society FSB lifted its stake in CrowdStrike by 0.9% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,746 shares of the company’s stock worth $1,624,000 after purchasing an additional 43 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of CrowdStrike by 6.2% during the 4th quarter. Kingsview Wealth Management LLC now owns 8,650 shares of the company’s stock valued at $2,960,000 after purchasing an additional 504 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its position in shares of CrowdStrike by 18.3% during the fourth quarter. Apollon Wealth Management LLC now owns 11,901 shares of the company’s stock valued at $4,072,000 after purchasing an additional 1,840 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Price Performance

Shares of NASDAQ CRWD opened at $421.59 on Friday. 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 firm’s 50 day simple moving average is $368.52 and its 200-day simple moving average is $315.96. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $431.33. The stock has a market capitalization of $103.84 billion, a price-to-earnings ratio of 826.66, a PEG ratio of 17.22 and a beta of 1.16.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Piper Sandler raised their price target on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. Wells Fargo & Company boosted their target price on shares of CrowdStrike from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Bank of America lifted their price target on CrowdStrike from $365.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Wedbush set a $330.00 target price on CrowdStrike in a report on Thursday, October 17th. Finally, BMO Capital Markets raised their price target on CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. One equities research analyst has 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 company’s stock. According to MarketBeat, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $370.00.

Insider Buying and Selling at CrowdStrike

In other CrowdStrike news, President Michael Sentonas sold 10,801 shares of the business’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 completion of the sale, the president now directly owns 389,589 shares in the company, valued at approximately $139,655,968.83. The trade was a 2.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $340.44, for a total value of $1,361,760.00. Following the completion of the transaction, the insider now owns 120,298 shares in the company, valued at approximately $40,954,251.12. This trade represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 111,565 shares of company stock valued at $39,898,614. Corporate insiders own 4.34% of the company’s stock.

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.