Stenger Family Office LLC Makes New $255,000 Investment in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Stenger Family Office LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, Holdings Channel reports. The firm acquired 746 shares of the company’s stock, valued at approximately $255,000.

A number of other hedge funds have also recently made changes to their positions in CRWD. Empirical Asset Management LLC bought a new position in shares of CrowdStrike during the fourth quarter worth $11,310,000. Primoris Wealth Advisors LLC purchased a new stake in CrowdStrike during the fourth quarter valued at $2,166,000. Arcadia Investment Management Corp MI lifted its position in CrowdStrike by 30.8% during the fourth quarter. Arcadia Investment Management Corp MI now owns 11,954 shares of the company’s stock valued at $4,090,000 after purchasing an additional 2,814 shares during the last quarter. Greenleaf Trust grew its stake in shares of CrowdStrike by 53.4% in the 4th quarter. Greenleaf Trust now owns 2,967 shares of the company’s stock worth $1,015,000 after buying an additional 1,033 shares in the last quarter. Finally, Trifecta Capital Advisors LLC increased its holdings in shares of CrowdStrike by 2,140.3% in the 4th quarter. Trifecta Capital Advisors LLC now owns 8,961 shares of the company’s stock worth $3,066,000 after buying an additional 8,561 shares during the last quarter. Institutional investors own 71.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. DA Davidson increased their price target on shares of CrowdStrike from $395.00 to $415.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Stifel Nicolaus cut their target price on CrowdStrike from $475.00 to $435.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th. Jefferies Financial Group lowered their price target on CrowdStrike from $425.00 to $410.00 and set a “buy” rating for the company in a research report on Monday, March 31st. Scotiabank reiterated a “sector perform” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Finally, Evercore ISI raised their price objective on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $400.88.

CrowdStrike Stock Performance

CRWD opened at $392.80 on Wednesday. The stock has a market cap of $97.36 billion, a P/E ratio of 770.21, a P/E/G ratio of 17.86 and a beta of 1.28. 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 firm has a fifty day moving average price of $378.80 and a 200 day moving average price of $356.24. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $455.59.

Insider Transactions at CrowdStrike

In other news, CAO Anurag Saha sold 1,496 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $358.62, for a total transaction of $536,495.52. Following the transaction, the chief accounting officer now owns 36,165 shares in the company, valued at $12,969,492.30. This trade represents a 3.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Sameer K. Gandhi sold 6,250 shares of the business’s stock in a transaction on Friday, April 4th. The stock was sold at an average price of $324.16, for a total transaction of $2,026,000.00. Following the completion of the sale, the director now directly owns 768,092 shares of the company’s stock, valued at approximately $248,984,702.72. The trade was a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 116,801 shares of company stock valued at $44,134,002 in the last ninety days. 4.34% of the stock is currently 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.