CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Holdings Boosted by Benedict Financial Advisors Inc.

Benedict Financial Advisors Inc. raised its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD - Free Report) by 502.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,640 shares of the company's stock after purchasing an additional 4,704 shares during the quarter. Benedict Financial Advisors Inc.'s holdings in CrowdStrike were worth $1,582,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of CRWD. Abich Financial Wealth Management LLC purchased a new position in shares of CrowdStrike in the 2nd quarter worth about $25,000. Oakworth Capital Inc. acquired a new stake in shares of CrowdStrike during the 3rd quarter valued at approximately $28,000. Tsfg LLC lifted its position in shares of CrowdStrike by 593.3% in the 3rd quarter. Tsfg LLC now owns 104 shares of the company's stock worth $29,000 after buying an additional 89 shares during the last quarter. Family Firm Inc. bought a new position in CrowdStrike in the second quarter worth about $30,000. Finally, Future Financial Wealth Managment LLC acquired a new position in CrowdStrike during the 1st quarter valued at approximately $32,000. 71.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research analyst reports. Argus lowered their target price on CrowdStrike from $400.00 to $325.00 and set a "buy" rating on the stock in a report on Friday, August 30th. BNP Paribas assumed coverage on CrowdStrike in a research report on Tuesday, October 8th. They issued a "neutral" rating and a $285.00 target price on the stock. Needham & Company LLC initiated coverage on CrowdStrike in a report on Monday, September 23rd. They set a "buy" rating and a $360.00 price objective on the stock. Hsbc Global Res upgraded shares of CrowdStrike from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 30th. Finally, Jefferies Financial Group upped their price target on shares of CrowdStrike from $315.00 to $345.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $328.74.

CrowdStrike Stock Performance

NASDAQ CRWD traded down $3.85 during trading hours on Friday, reaching $300.62. The stock had a trading volume of 6,045,774 shares, compared to its average volume of 5,156,198. The stock has a fifty day moving average of $281.37 and a 200 day moving average of $307.98. The stock has a market cap of $73.16 billion, a P/E ratio of 567.21, a price-to-earnings-growth ratio of 19.94 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. CrowdStrike Holdings, Inc. has a 52-week low of $170.17 and a 52-week high of $398.33.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.97 by $0.07. The company had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The firm's revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.06 EPS. Sell-side analysts predict that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Shawn Henry sold 4,000 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total value of $1,237,520.00. Following the completion of the sale, the insider now directly owns 124,298 shares of the company's stock, valued at $38,455,315.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $309.38, for a total transaction of $1,237,520.00. Following the completion of the transaction, the insider now directly owns 124,298 shares of the company's stock, valued at approximately $38,455,315.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Sameer K. Gandhi sold 6,250 shares of the business's stock in a transaction on Friday, October 11th. The stock was sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the sale, the director now owns 821,766 shares in the company, valued at $263,277,391.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 103,212 shares of company stock worth $30,529,413 in the last ninety days. 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.