CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. lessened its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,040 shares of the company’s stock after selling 337 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in CrowdStrike were worth $3,096,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CRWD. Abich Financial Wealth Management LLC purchased a new position in shares of CrowdStrike during the 2nd quarter worth $25,000. Oakworth Capital Inc. purchased a new stake in CrowdStrike in the third quarter valued at approximately $28,000. Tsfg LLC raised its stake in CrowdStrike by 593.3% during the third quarter. Tsfg LLC now owns 104 shares of the company’s stock worth $29,000 after purchasing an additional 89 shares during the period. Family Firm Inc. purchased a new stake in shares of CrowdStrike during the 2nd quarter valued at $30,000. Finally, Castleview Partners LLC acquired a new stake in shares of CrowdStrike during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 71.16% of the company’s stock.

CrowdStrike Trading Down 0.5 %

CrowdStrike stock opened at $345.97 on Monday. The firm has a 50-day moving average price of $315.80 and a two-hundred day moving average price of $312.87. CrowdStrike Holdings, Inc. has a 52-week low of $200.81 and a 52-week high of $398.33. The firm has a market capitalization of $84.81 billion, a price-to-earnings ratio of 678.39, a PEG ratio of 25.05 and a beta of 1.10. The company has a quick ratio of 1.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Insider Buying and Selling

In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $340.44, for a total transaction of $1,361,760.00. Following the transaction, the insider now directly owns 120,298 shares of the company’s stock, valued at $40,954,251.12. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,683 shares of CrowdStrike stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the completion of the transaction, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. This represents a 4.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 108,248 shares of company stock valued at $32,465,110 in the last three months. 4.34% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CRWD has been the subject of a number of research reports. Royal Bank of Canada lowered their price target on CrowdStrike from $370.00 to $365.00 and set an “outperform” rating for the company in a research report on Wednesday, November 27th. Argus cut their price target on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a report on Friday, August 30th. Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research note on Monday, November 25th. Needham & Company LLC raised their target price on shares of CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, The Goldman Sachs Group decreased their price target on shares of CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a research report on Thursday, August 15th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, CrowdStrike has a consensus rating of “Moderate Buy” and an average target price of $355.80.

CrowdStrike 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.