Quotient Wealth Partners LLC Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Quotient Wealth Partners LLC acquired a new stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) during the 4th quarter, Holdings Channel reports. The fund acquired 936 shares of the company’s stock, valued at approximately $239,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of CrowdStrike by 1.0% during the third quarter. Vanguard Group Inc. now owns 14,717,715 shares of the company’s stock worth $2,463,451,000 after buying an additional 150,898 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of CrowdStrike by 33.2% during the fourth quarter. Jennison Associates LLC now owns 6,340,819 shares of the company’s stock worth $1,618,938,000 after purchasing an additional 1,581,796 shares during the last quarter. Morgan Stanley increased its stake in shares of CrowdStrike by 124.4% in the third quarter. Morgan Stanley now owns 4,973,809 shares of the company’s stock valued at $832,516,000 after buying an additional 2,757,251 shares during the period. Ameriprise Financial Inc. raised its holdings in CrowdStrike by 17.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,768,332 shares of the company’s stock valued at $463,482,000 after buying an additional 419,619 shares during the last quarter. Finally, FMR LLC boosted its position in CrowdStrike by 8.6% during the 3rd quarter. FMR LLC now owns 1,864,511 shares of the company’s stock worth $312,082,000 after buying an additional 147,757 shares during the period. Institutional investors own 71.16% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Wedbush upped their target price on CrowdStrike from $278.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, March 5th. Needham & Company LLC upped their price objective on shares of CrowdStrike from $325.00 to $350.00 and gave the company a “buy” rating in a research note on Monday, March 4th. BMO Capital Markets lifted their target price on shares of CrowdStrike from $332.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th. KeyCorp cut their price target on shares of CrowdStrike from $430.00 to $376.00 and set an “overweight” rating on the stock in a research report on Thursday, April 18th. Finally, Royal Bank of Canada lifted their price objective on CrowdStrike from $357.00 to $420.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to data from MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and a consensus price target of $371.87.

Check Out Our Latest Stock Report on CRWD

Insider Transactions at CrowdStrike

In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CFO Burt W. Podbere sold 26,097 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.61, for a total transaction of $8,497,444.17. Following the sale, the chief financial officer now directly owns 347,792 shares in the company, valued at approximately $113,244,553.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Anurag Saha sold 1,019 shares of CrowdStrike stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $331,990.20. Following the completion of the transaction, the chief accounting officer now owns 36,136 shares of the company’s stock, valued at $11,773,108.80. The disclosure for this sale can be found here. Insiders sold a total of 295,576 shares of company stock worth $94,052,850 in the last quarter. Insiders own 4.34% of the company’s stock.

CrowdStrike Stock Performance

Shares of CRWD stock traded up $9.63 during trading on Wednesday, hitting $339.18. The company’s stock had a trading volume of 1,529,866 shares, compared to its average volume of 3,393,309. CrowdStrike Holdings, Inc. has a 52 week low of $133.30 and a 52 week high of $365.00. The company has a market cap of $82.04 billion, a PE ratio of 936.66, a P/E/G ratio of 12.77 and a beta of 1.08. The business has a fifty day moving average of $313.84 and a 200-day moving average of $280.25. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32.

CrowdStrike (NASDAQ:CRWDGet Free Report) last issued its quarterly earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. As a group, research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

CrowdStrike Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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