Benchmark Investment Advisors LLC Has $1.84 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Benchmark Investment Advisors LLC raised its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 12.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,371 shares of the company’s stock after purchasing an additional 575 shares during the period. CrowdStrike makes up approximately 1.2% of Benchmark Investment Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. Benchmark Investment Advisors LLC’s holdings in CrowdStrike were worth $1,838,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new position in shares of CrowdStrike during the 4th quarter worth $27,000. Fortitude Family Office LLC raised its stake in CrowdStrike by 112.8% during the fourth quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock worth $28,000 after acquiring an additional 44 shares in the last quarter. FPC Investment Advisory Inc. lifted its holdings in shares of CrowdStrike by 811.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 73 shares during the last quarter. Luken Investment Analytics LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at approximately $34,000. Finally, Crowley Wealth Management Inc. bought a new stake in shares of CrowdStrike during the 4th quarter valued at approximately $34,000. 71.16% of the stock is currently owned by institutional investors.

Insider Activity at CrowdStrike

In related news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $358.62, for a total value of $536,495.52. Following the completion of the sale, the chief accounting officer now directly owns 36,165 shares of the company’s stock, valued at approximately $12,969,492.30. This represents a 3.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $354.91, for a total transaction of $1,419,640.00. Following the transaction, the insider now directly owns 98,214 shares in the company, valued at $34,857,130.74. This represents a 3.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 114,551 shares of company stock valued at $43,527,642. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Stock Down 7.4 %

Shares of NASDAQ CRWD opened at $321.63 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 company has a 50-day moving average price of $386.18 and a 200-day moving average price of $351.96. The stock has a market capitalization of $79.72 billion, a P/E ratio of 630.66, a P/E/G ratio of 17.86 and a beta of 1.28. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a research note on Wednesday, March 5th. Wedbush boosted their price objective on CrowdStrike from $390.00 to $395.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Wells Fargo & Company increased their target price on CrowdStrike from $400.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. boosted their price target on CrowdStrike from $418.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Finally, Robert W. Baird dropped their price objective on shares of CrowdStrike from $440.00 to $405.00 and set a “neutral” rating for the company in a report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $400.88.

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.