Exencial Wealth Advisors LLC Purchases New Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Exencial Wealth Advisors LLC acquired a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 4th quarter, Holdings Channel.com reports. The fund acquired 788 shares of the company’s stock, valued at approximately $270,000.

A number of other institutional investors also recently bought and sold shares of the business. Jacobi Capital Management LLC grew its holdings in shares of CrowdStrike by 1.9% during the fourth quarter. Jacobi Capital Management LLC now owns 1,309 shares of the company’s stock worth $448,000 after buying an additional 25 shares during the last quarter. Synergy Financial Group LTD lifted its position in CrowdStrike by 0.8% during the 3rd quarter. Synergy Financial Group LTD now owns 3,950 shares of the company’s stock worth $1,108,000 after acquiring an additional 30 shares during the period. M3 Advisory Group LLC grew its stake in shares of CrowdStrike by 2.8% in the 4th quarter. M3 Advisory Group LLC now owns 1,188 shares of the company’s stock valued at $407,000 after purchasing an additional 32 shares during the last quarter. Advisor OS LLC increased its holdings in shares of CrowdStrike by 2.5% in the fourth quarter. Advisor OS LLC now owns 1,312 shares of the company’s stock valued at $449,000 after purchasing an additional 32 shares during the period. Finally, Meridian Financial Partners LLC raised its stake in shares of CrowdStrike by 0.6% during the fourth quarter. Meridian Financial Partners LLC now owns 5,595 shares of the company’s stock worth $1,914,000 after purchasing an additional 33 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CRWD has been the topic of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of CrowdStrike in a research report on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $420.00 target price on shares of CrowdStrike in a report on Wednesday. Evercore ISI increased their price target on shares of CrowdStrike from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday. Raymond James reaffirmed an “outperform” rating and issued a $390.00 price objective (up previously from $360.00) on shares of CrowdStrike in a report on Wednesday. Finally, The Goldman Sachs Group increased their target price on CrowdStrike from $372.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $400.10.

Insider Buying and Selling at CrowdStrike

In related news, Director Sameer K. Gandhi sold 6,250 shares of the stock in a transaction 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 approximately $280,613,187.30. This trade represents a 0.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $368.14, for a total value of $1,656,630.00. Following the sale, the insider now directly owns 115,798 shares of the company’s stock, valued at approximately $42,629,875.72. This trade represents a 3.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,315 shares of company stock worth $38,387,254 in the last 90 days. 4.34% of the stock is owned by company insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $347.73 on Friday. The company has a market cap of $85.65 billion, a P/E ratio of 681.84, a P/E/G ratio of 17.86 and a beta of 1.19. The business has a fifty day simple moving average of $387.50 and a 200-day simple moving average of $338.08. CrowdStrike Holdings, Inc. has a 52 week low of $200.81 and a 52 week high of $455.59. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

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.