CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Advisory Services Network LLC

Advisory Services Network LLC grew its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 6.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 24,728 shares of the company’s stock after acquiring an additional 1,603 shares during the period. Advisory Services Network LLC’s holdings in CrowdStrike were worth $6,314,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of CRWD. Yousif Capital Management LLC lifted its position in shares of CrowdStrike by 3.8% during the 3rd quarter. Yousif Capital Management LLC now owns 2,466 shares of the company’s stock valued at $413,000 after acquiring an additional 90 shares during the last quarter. Principal Financial Group Inc. raised its stake in CrowdStrike by 2.7% during the 3rd quarter. Principal Financial Group Inc. now owns 26,194 shares of the company’s stock valued at $4,384,000 after purchasing an additional 677 shares during the period. Private Advisor Group LLC raised its stake in CrowdStrike by 10.0% during the 3rd quarter. Private Advisor Group LLC now owns 21,226 shares of the company’s stock valued at $3,553,000 after purchasing an additional 1,923 shares during the period. US Bancorp DE raised its stake in CrowdStrike by 10.7% during the 3rd quarter. US Bancorp DE now owns 61,348 shares of the company’s stock valued at $10,268,000 after purchasing an additional 5,926 shares during the period. Finally, NBC Securities Inc. acquired a new stake in CrowdStrike during the 3rd quarter valued at $757,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Analyst Ratings Changes

CRWD has been the topic of several recent analyst reports. Oppenheimer boosted their target price on shares of CrowdStrike from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Wednesday, March 6th. Stifel Nicolaus boosted their target price on shares of CrowdStrike from $315.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Guggenheim boosted their target price on shares of CrowdStrike from $358.00 to $424.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Piper Sandler boosted their target price on shares of CrowdStrike from $300.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. Finally, HSBC upped their price target on shares of CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. One research analyst has rated the stock with a hold rating and thirty-seven have given a buy rating to the company. According to MarketBeat.com, CrowdStrike has an average rating of “Moderate Buy” and an average price target of $371.87.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $9.12 during mid-day trading on Friday, hitting $351.47. The company had a trading volume of 2,669,970 shares, compared to its average volume of 2,452,240. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76. The business’s 50-day simple moving average is $317.04 and its 200-day simple moving average is $288.01. CrowdStrike Holdings, Inc. has a 12 month low of $139.37 and a 12 month high of $365.00. The firm has a market cap of $85.01 billion, a P/E ratio of 976.33, a PEG ratio of 13.69 and a beta of 1.08.

CrowdStrike (NASDAQ:CRWD) last released its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.06. The business had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. As a group, analysts predict that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CrowdStrike news, CAO Anurag Saha sold 1,019 shares of the firm’s stock in a transaction dated 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 in the company, valued at $11,773,108.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CFO Burt W. Podbere sold 5,424 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $349.01, for a total transaction of $1,893,030.24. Following the completion of the sale, the chief financial officer now owns 308,593 shares of the company’s stock, valued at $107,702,042.93. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Anurag Saha sold 1,019 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 36,136 shares of the company’s stock, valued at approximately $11,773,108.80. The disclosure for this sale can be found here. Insiders sold a total of 317,000 shares of company stock worth $101,229,160 over the last quarter. Company insiders own 4.34% of the company’s stock.

About CrowdStrike

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.