CRA Financial Services LLC Purchases New Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

CRA Financial Services LLC purchased a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 926 shares of the company’s stock, valued at approximately $236,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coppell Advisory Solutions Corp. purchased a new position in shares of CrowdStrike during the 4th quarter worth about $25,000. CVA Family Office LLC bought a new position in shares of CrowdStrike during the 4th quarter worth approximately $26,000. Silver Oak Securities Incorporated acquired a new position in CrowdStrike during the 3rd quarter valued at approximately $27,000. Bear Mountain Capital Inc. acquired a new position in CrowdStrike during the 4th quarter valued at approximately $27,000. Finally, Gradient Investments LLC increased its stake in CrowdStrike by 1,818.2% during the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

CRWD has been the topic of a number of research reports. Canaccord Genuity Group increased their price objective on shares of CrowdStrike from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. Needham & Company LLC increased their price target on shares of CrowdStrike from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Morgan Stanley increased their price objective on shares of CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. Susquehanna increased their target price on shares of CrowdStrike from $330.00 to $410.00 and gave the company a “positive” rating in a research report on Thursday, March 7th. Finally, Mizuho lifted their price target on shares of CrowdStrike from $360.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. One equities 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, CrowdStrike has a consensus rating of “Moderate Buy” and a consensus price target of $371.87.

View Our Latest Stock Report on CRWD

Insiders Place Their Bets

In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares of the company’s stock, valued at $64,525,067.19. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the completion of the transaction, the insider now owns 208,961 shares in the company, valued at approximately $64,525,067.19. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Burt W. Podbere sold 64,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $316.48, for a total transaction of $20,254,720.00. Following the sale, the chief financial officer now directly owns 306,508 shares of the company’s stock, valued at approximately $97,003,651.84. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 223,544 shares of company stock valued at $72,113,932. 5.68% of the stock is currently owned by corporate insiders.

CrowdStrike Stock Performance

Shares of CrowdStrike stock traded down $11.46 during trading on Friday, reaching $282.64. The company’s stock had a trading volume of 3,116,556 shares, compared to its average volume of 2,032,288. The business’s 50-day moving average price is $317.72 and its 200-day moving average price is $264.41. The firm has a market cap of $68.36 billion, a PE ratio of 785.13, a P/E/G ratio of 11.30 and a beta of 1.05. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $365.00. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.32.

CrowdStrike (NASDAQ:CRWDGet Free Report) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. CrowdStrike had a net margin of 2.92% and a return on equity of 6.09%. The business had revenue of $845.34 million during the quarter, compared to analysts’ expectations of $839.08 million. Equities analysts forecast 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.

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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