Comprehensive Financial Planning Inc. PA Takes $1.20 Million Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Comprehensive Financial Planning Inc. PA bought a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,513 shares of the company’s stock, valued at approximately $1,202,000. CrowdStrike comprises approximately 1.0% of Comprehensive Financial Planning Inc. PA’s portfolio, making the stock its 25th largest position.

Several other institutional investors also recently bought and sold shares of CRWD. Savant Capital LLC boosted its stake in shares of CrowdStrike by 9.6% during the fourth quarter. Savant Capital LLC now owns 2,821 shares of the company’s stock valued at $965,000 after purchasing an additional 247 shares during the period. MFA Wealth Advisors LLC raised its holdings in CrowdStrike by 4.7% during the 4th quarter. MFA Wealth Advisors LLC now owns 13,569 shares of the company’s stock valued at $4,643,000 after buying an additional 612 shares during the last quarter. OMC Financial Services LTD boosted its position in CrowdStrike by 2.5% during the 4th quarter. OMC Financial Services LTD now owns 11,054 shares of the company’s stock valued at $3,782,000 after buying an additional 266 shares during the period. William Howard & Co Financial Advisors Inc bought a new stake in CrowdStrike in the 4th quarter worth $233,000. Finally, Legacy Financial Strategies LLC grew its holdings in CrowdStrike by 26.9% in the 4th quarter. Legacy Financial Strategies LLC now owns 1,604 shares of the company’s stock worth $557,000 after acquiring an additional 340 shares during the last quarter. 71.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO George Kurtz sold 18,071 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $359.70, for a total value of $6,500,138.70. Following the sale, the chief executive officer now owns 2,159,935 shares of the company’s stock, valued at approximately $776,928,619.50. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Anurag Saha sold 1,863 shares of CrowdStrike stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $358.46, for a total transaction of $667,810.98. Following the transaction, the chief accounting officer now directly owns 41,059 shares of the company’s stock, valued at approximately $14,718,009.14. This represents a 4.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 111,565 shares of company stock worth $39,898,614. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

CRWD has been the topic of a number of research analyst reports. HSBC downgraded CrowdStrike from a “buy” rating to a “hold” rating and set a $347.00 price target on the stock. in a report on Wednesday, November 27th. Piper Sandler upped their target price on CrowdStrike from $290.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, November 27th. BMO Capital Markets lifted their price target on shares of CrowdStrike from $315.00 to $380.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. JMP Securities reissued a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Monday, November 4th. Finally, Truist Financial raised their target price on shares of CrowdStrike from $375.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CrowdStrike presently has an average rating of “Moderate Buy” and a consensus price target of $370.00.

CrowdStrike Stock Performance

NASDAQ:CRWD opened at $421.59 on Monday. The company has a market cap of $103.84 billion, a price-to-earnings ratio of 826.66, a PEG ratio of 17.22 and a beta of 1.16. CrowdStrike Holdings, Inc. has a 1 year low of $200.81 and a 1 year high of $431.33. The stock’s 50 day simple moving average is $368.52 and its two-hundred day simple moving average is $316.29. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.86 and a quick ratio of 1.86.

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.