Maven Securities LTD acquired a new stake in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 15,000 shares of the company’s stock, valued at approximately $968,000.
Several other large investors also recently made changes to their positions in CRWD. Executive Wealth Management LLC purchased a new stake in Crowdstrike in the 2nd quarter worth approximately $34,000. Neuburgh Advisers LLC bought a new stake in Crowdstrike during the second quarter valued at about $46,000. Riverhead Capital Management LLC bought a new stake in Crowdstrike during the second quarter valued at about $55,000. Glen Harbor Capital Management LLC purchased a new position in shares of Crowdstrike in the second quarter valued at about $63,000. Finally, Elkfork Partners LLC purchased a new position in shares of Crowdstrike in the second quarter valued at about $80,000. Institutional investors own 2.54% of the company’s stock.
Shares of CRWD stock traded down $2.54 during trading hours on Wednesday, hitting $69.11. The stock had a trading volume of 1,736,888 shares, compared to its average volume of 2,708,733. Crowdstrike Holdings Inc has a one year low of $56.00 and a one year high of $101.88. The business has a 50-day simple moving average of $88.24.
Crowdstrike (NASDAQ:CRWD) last announced its quarterly earnings results on Thursday, September 5th. The company reported ($0.18) EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.25. The firm had revenue of $108.10 million for the quarter, compared to the consensus estimate of $103.79 million. Crowdstrike’s revenue was up 94.1% compared to the same quarter last year. As a group, research analysts forecast that Crowdstrike Holdings Inc will post -1.07 EPS for the current fiscal year.
In other Crowdstrike news, major shareholder Capitalg Lp acquired 140,000 shares of the company’s stock in a transaction on Friday, June 14th. The stock was acquired at an average cost of $34.00 per share, with a total value of $4,760,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Sameer K. Gandhi acquired 650,000 shares of the company’s stock in a transaction on Friday, June 14th. The stock was acquired at an average cost of $34.00 per share, with a total value of $22,100,000.00. The disclosure for this purchase can be found here.
Several analysts recently issued reports on the company. Needham & Company LLC increased their target price on Crowdstrike from $80.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. JPMorgan Chase & Co. lifted their target price on Crowdstrike from $104.00 to $109.00 and gave the company an “overweight” rating in a research note on Friday, September 6th. SunTrust Banks boosted their price target on Crowdstrike to $80.00 and gave the stock a “hold” rating in a report on Friday, July 19th. JMP Securities initiated coverage on Crowdstrike in a research note on Monday, July 8th. They issued an “outperform” rating and a $80.00 price target for the company. Finally, Goldman Sachs Group started coverage on shares of Crowdstrike in a report on Monday, July 8th. They set a “neutral” rating and a $66.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $87.44.
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