Benedict Financial Advisors Inc. Has $2.18 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Benedict Financial Advisors Inc. raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,380 shares of the company’s stock after acquiring an additional 740 shares during the quarter. Benedict Financial Advisors Inc.’s holdings in CrowdStrike were worth $2,183,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CRWD. Synergy Financial Group LTD boosted its holdings in shares of CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after buying an additional 30 shares in the last quarter. M3 Advisory Group LLC boosted its holdings in CrowdStrike by 2.8% in the fourth quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock worth $407,000 after acquiring an additional 32 shares in the last quarter. Meridian Financial Partners LLC raised its position in shares of CrowdStrike by 0.6% during the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after purchasing an additional 33 shares during the period. First Affirmative Financial Network grew its position in CrowdStrike by 4.2% in the 4th quarter. First Affirmative Financial Network now owns 811 shares of the company’s stock valued at $278,000 after purchasing an additional 33 shares during the period. Finally, Sunpointe LLC lifted its stake in shares of CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after buying an additional 34 shares in the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRWD shares. Robert W. Baird reissued a “neutral” rating and issued a $430.00 price objective (up from $390.00) on shares of CrowdStrike in a research note on Monday, February 3rd. Rosenblatt Securities boosted their price target on shares of CrowdStrike from $325.00 to $385.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Baird R W downgraded CrowdStrike from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. Bank of America upped their price objective on CrowdStrike from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, The Goldman Sachs Group lifted their target price on CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

Insider Buying and Selling

In related news, Director Gerhard Watzinger sold 30,000 shares of CrowdStrike stock in a transaction on Friday, November 29th. The stock was sold at an average price of $348.93, for a total value of $10,467,900.00. Following the completion of the sale, the director now owns 42,391 shares of the company’s stock, valued at $14,791,491.63. The trade was a 41.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was 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 directly owns 120,298 shares in the company, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 111,565 shares of company stock worth $39,898,614. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Up 0.3 %

CrowdStrike stock opened at $421.59 on Friday. The firm has a market cap of $103.84 billion, a price-to-earnings ratio of 826.66, a PEG ratio of 17.22 and a beta of 1.16. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. CrowdStrike Holdings, Inc. has a 12 month low of $200.81 and a 12 month high of $431.33. The stock has a fifty day simple moving average of $368.52 and a two-hundred day simple moving average of $315.96.

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.