CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Purchased by Blodgett Wealth Advisors LLC

Blodgett Wealth Advisors LLC boosted its position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,702 shares of the company’s stock after buying an additional 450 shares during the quarter. CrowdStrike accounts for approximately 1.3% of Blodgett Wealth Advisors LLC’s holdings, making the stock its 14th biggest holding. Blodgett Wealth Advisors LLC’s holdings in CrowdStrike were worth $1,609,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new stake in shares of CrowdStrike in the 4th quarter valued at about $27,000. Fortitude Family Office LLC grew its position in shares of CrowdStrike by 112.8% during the 4th quarter. Fortitude Family Office LLC now owns 83 shares of the company’s stock valued at $28,000 after buying an additional 44 shares during the last quarter. Oakworth Capital Inc. bought a new stake in shares of CrowdStrike during the 3rd quarter valued at about $28,000. Luken Investment Analytics LLC bought a new stake in shares of CrowdStrike during the 4th quarter valued at about $34,000. Finally, Tsfg LLC grew its position in shares of CrowdStrike by 593.3% during the 3rd quarter. Tsfg LLC now owns 104 shares of the company’s stock valued at $29,000 after buying an additional 89 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Truist Financial increased their target price on shares of CrowdStrike from $375.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. BMO Capital Markets raised their price objective on shares of CrowdStrike from $315.00 to $380.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. CICC Research assumed coverage on shares of CrowdStrike in a report on Monday, November 18th. They set a “market perform” rating and a $295.00 price objective for the company. Piper Sandler lifted their price target on shares of CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, November 27th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $430.00 price objective (up from $390.00) on shares of CrowdStrike in a report on Monday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $370.00.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the sale, the director now directly owns 816,730 shares of the company’s stock, valued at approximately $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Wednesday, January 15th. The shares were 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 approximately $34,857,130.74. The trade was 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 110,351 shares of company stock worth $38,935,113. 4.34% of the stock is owned by corporate insiders.

CrowdStrike Trading Down 0.1 %

NASDAQ CRWD opened at $397.57 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24. The firm has a market cap of $97.93 billion, a PE ratio of 779.56, a price-to-earnings-growth ratio of 21.13 and a beta of 1.14. The company has a 50 day moving average price of $362.61 and a 200 day moving average price of $312.29. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $411.30.

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.