Seneca House Advisors Acquires 322 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Seneca House Advisors grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 33.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,290 shares of the company’s stock after acquiring an additional 322 shares during the period. Seneca House Advisors’ holdings in CrowdStrike were worth $441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Public Sector Pension Investment Board purchased a new stake in CrowdStrike in the second quarter worth about $3,447,000. Evergreen Capital Management LLC grew its stake in shares of CrowdStrike by 8.7% during the 2nd quarter. Evergreen Capital Management LLC now owns 950 shares of the company’s stock valued at $364,000 after acquiring an additional 76 shares during the period. Fred Alger Management LLC increased its holdings in CrowdStrike by 15.2% in the 2nd quarter. Fred Alger Management LLC now owns 53,494 shares of the company’s stock worth $20,498,000 after acquiring an additional 7,059 shares in the last quarter. Toronto Dominion Bank raised its stake in CrowdStrike by 231.3% during the 2nd quarter. Toronto Dominion Bank now owns 79,722 shares of the company’s stock worth $30,549,000 after acquiring an additional 55,658 shares during the period. Finally, Abich Financial Wealth Management LLC purchased a new position in CrowdStrike during the second quarter valued at approximately $25,000. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ:CRWD opened at $377.70 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $93.03 billion, a price-to-earnings ratio of 740.60, a price-to-earnings-growth ratio of 19.49 and a beta of 1.14. The firm has a 50 day moving average of $357.22 and a 200 day moving average of $311.97. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $398.33.

Insider Transactions at CrowdStrike

In other CrowdStrike news, Director Sameer K. Gandhi sold 5,036 shares of CrowdStrike stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total value of $1,613,937.28. Following the transaction, the director now directly owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. The trade was a 0.61 % 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, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $354.91, for a total value of $1,419,640.00. Following the sale, the insider now owns 98,214 shares of the company’s stock, valued at approximately $34,857,130.74. This represents a 3.91 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 110,351 shares of company stock valued at $38,935,113. Corporate insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. CICC Research initiated coverage on shares of CrowdStrike in a research note on Monday, November 18th. They issued a “market perform” rating and a $295.00 price objective for the company. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Wedbush set a $330.00 price objective on CrowdStrike in a research report on Thursday, October 17th. Truist Financial increased their target price on CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Finally, Evercore ISI boosted their price target on CrowdStrike from $325.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, November 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, thirty have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $369.00.

About CrowdStrike

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.