Elwood & Goetz Wealth Advisory Group LLC Buys Shares of 678 CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Elwood & Goetz Wealth Advisory Group LLC bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 678 shares of the company’s stock, valued at approximately $232,000.

Several other large investors also recently bought and sold shares of CRWD. CENTRAL TRUST Co grew its holdings in CrowdStrike by 118.5% in the third quarter. CENTRAL TRUST Co now owns 5,099 shares of the company’s stock valued at $1,430,000 after purchasing an additional 2,765 shares during the last quarter. Ballentine Partners LLC grew its holdings in CrowdStrike by 169.2% in the third quarter. Ballentine Partners LLC now owns 5,058 shares of the company’s stock valued at $1,419,000 after purchasing an additional 3,179 shares during the last quarter. Trueblood Wealth Management LLC acquired a new stake in CrowdStrike in the third quarter valued at $219,000. Highland Capital Management LLC grew its holdings in CrowdStrike by 8.4% in the third quarter. Highland Capital Management LLC now owns 34,510 shares of the company’s stock valued at $9,679,000 after purchasing an additional 2,669 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in CrowdStrike by 13.9% in the third quarter. Allworth Financial LP now owns 3,688 shares of the company’s stock valued at $1,035,000 after purchasing an additional 449 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Buying and Selling

In other CrowdStrike news, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $345.65, for a total value of $2,160,312.50. Following the transaction, the director now directly owns 811,842 shares of the company’s stock, valued at $280,613,187.30. This represents a 0.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Shawn Henry sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $450.67, for a total value of $1,802,680.00. Following the completion of the transaction, the insider now directly owns 94,214 shares in the company, valued at approximately $42,459,423.38. The trade was a 4.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 136,565 shares of company stock valued at $51,038,529. Corporate insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

CrowdStrike stock opened at $406.61 on Friday. The stock’s 50 day moving average price is $384.76 and its 200 day moving average price is $330.35. The firm has a market capitalization of $100.15 billion, a PE ratio of 797.30, a price-to-earnings-growth ratio of 17.86 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.86 and a current ratio of 1.86. CrowdStrike Holdings, Inc. has a one year low of $200.81 and a one year high of $455.59.

Analysts Set New Price Targets

A number of research firms recently commented on CRWD. Rosenblatt Securities increased their price objective on CrowdStrike from $325.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Evercore ISI increased their price objective on CrowdStrike from $325.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, November 25th. Needham & Company LLC increased their price objective on CrowdStrike from $360.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Jefferies Financial Group increased their price objective on CrowdStrike from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Finally, Cantor Fitzgerald increased their price objective on CrowdStrike from $350.00 to $370.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $383.08.

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.