Beacon Financial Advisory LLC Has $1.19 Million Stock Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Beacon Financial Advisory LLC boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,478 shares of the company’s stock after purchasing an additional 72 shares during the period. Beacon Financial Advisory LLC’s holdings in CrowdStrike were worth $1,190,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of CRWD. Berbice Capital Management LLC bought a new stake in CrowdStrike in the fourth quarter valued at approximately $27,000. Oakworth Capital Inc. acquired a new position in shares of CrowdStrike during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC raised its stake 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 acquiring an additional 44 shares during the period. Tsfg LLC lifted its holdings in CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after purchasing an additional 89 shares during the last quarter. Finally, Castleview Partners LLC bought a new position in CrowdStrike during the third quarter worth $32,000. 71.16% of the stock is currently owned by institutional investors.

CrowdStrike Stock Up 2.4 %

CrowdStrike stock opened at $417.22 on Thursday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average price is $364.15 and its two-hundred day moving average price is $313.40. The firm has a market capitalization of $102.77 billion, a price-to-earnings ratio of 818.09, a price-to-earnings-growth ratio of 21.13 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1-year low of $200.81 and a 1-year high of $419.39.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Piper Sandler increased their price objective on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th. Barclays raised their price objective on shares of CrowdStrike from $295.00 to $372.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Cantor Fitzgerald upped their target price on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Scotiabank lifted their price target on CrowdStrike from $300.00 to $370.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 21st. Finally, Royal Bank of Canada boosted their price target on CrowdStrike from $365.00 to $420.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-nine have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $370.00.

Insider Activity at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,863 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $358.46, for a total value of $667,810.98. Following the completion of the transaction, the chief accounting officer now owns 41,059 shares in the company, valued at $14,718,009.14. This represents a 4.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of the 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 owns 120,298 shares of the company’s stock, valued at approximately $40,954,251.12. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 105,315 shares of company stock valued at $37,321,176. 4.34% of the stock is owned by corporate insiders.

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.