Crowdstrike (NASDAQ:CRWD) had its price target boosted by investment analysts at UBS Group from $90.00 to $100.00 in a report released on Friday, The Fly reports. The firm presently has an “outperform” rating on the stock. UBS Group’s price target points to a potential upside of 19.73% from the company’s previous close. The analysts noted that the move was a valuation call.
A number of other equities research analysts also recently commented on CRWD. Mizuho began coverage on Crowdstrike in a research report on Monday, July 8th. They issued a “buy” rating and a $80.00 price objective for the company. Oppenheimer set a $176.00 price objective on Jazz Pharmaceuticals and gave the company a “buy” rating in a research report on Monday, July 8th. Piper Jaffray Companies set a $92.00 price objective on Wintrust Financial and gave the company a “buy” rating in a research report on Monday, July 8th. Needham & Company LLC reiterated a “buy” rating and issued a $155.00 target price (up previously from $142.00) on shares of Danaher in a report on Friday. Finally, Barclays lifted their target price on from $65.00 to $100.00 and gave the company an “overweight” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Crowdstrike has a consensus rating of “Buy” and a consensus price target of $84.47.
Shares of NASDAQ:CRWD opened at $83.52 on Friday. Crowdstrike has a 52 week low of $56.00 and a 52 week high of $85.85.
Crowdstrike (NASDAQ:CRWD) last announced its quarterly earnings data on Thursday, July 18th. The company reported ($0.47) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.16). The firm had revenue of $96.10 million during the quarter, compared to analyst estimates of $95.60 million. The firm’s quarterly revenue was up 103.2% on a year-over-year basis. Research analysts anticipate that Crowdstrike will post -1.29 EPS for the current fiscal year.
In related news, major shareholder Capitalg Lp acquired 140,000 shares of Crowdstrike stock in a transaction on Friday, June 14th. The shares were bought at an average price of $34.00 per share, for a total transaction of $4,760,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Sameer K. Gandhi acquired 650,000 shares of Crowdstrike stock in a transaction on Friday, June 14th. The shares were bought at an average price of $34.00 per share, for a total transaction of $22,100,000.00. The disclosure for this purchase can be found here.
An institutional investor recently bought a new position in Crowdstrike stock. Commonwealth Equity Services LLC acquired a new position in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,035 shares of the company’s stock, valued at approximately $412,000.
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