460 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by LRI Investments LLC

LRI Investments LLC purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 460 shares of the company’s stock, valued at approximately $147,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trivant Custom Portfolio Group LLC purchased a new position in shares of CrowdStrike in the 1st quarter worth about $30,000. CVA Family Office LLC purchased a new stake in CrowdStrike during the fourth quarter valued at about $26,000. Hexagon Capital Partners LLC purchased a new stake in CrowdStrike during the fourth quarter valued at about $26,000. Future Financial Wealth Managment LLC purchased a new stake in CrowdStrike during the first quarter valued at about $32,000. Finally, MCF Advisors LLC purchased a new stake in CrowdStrike during the first quarter valued at about $32,000. 71.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO George Kurtz sold 56,279 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $304.41, for a total transaction of $17,131,890.39. Following the completion of the transaction, the chief executive officer now directly owns 1,146,048 shares in the company, valued at $348,868,471.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CAO Anurag Saha sold 1,662 shares of CrowdStrike stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $380.63, for a total value of $632,607.06. Following the completion of the sale, the chief accounting officer now directly owns 40,645 shares in the company, valued at approximately $15,470,706.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO George Kurtz sold 56,279 shares of CrowdStrike stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $304.41, for a total value of $17,131,890.39. Following the completion of the sale, the chief executive officer now owns 1,146,048 shares of the company’s stock, valued at $348,868,471.68. The disclosure for this sale can be found here. Insiders sold 219,675 shares of company stock worth $76,931,522 over the last three months. 4.34% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CRWD has been the topic of several recent research reports. Rosenblatt Securities dropped their price objective on shares of CrowdStrike from $420.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday. Citigroup decreased their price target on CrowdStrike from $425.00 to $345.00 and set a “buy” rating on the stock in a research report on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and set a $405.00 price target on shares of CrowdStrike in a research report on Monday, July 22nd. Mizuho decreased their price target on CrowdStrike from $390.00 to $370.00 and set a “buy” rating on the stock in a research report on Wednesday, June 5th. Finally, BMO Capital Markets decreased their price target on CrowdStrike from $425.00 to $410.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, thirty-two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, CrowdStrike currently has an average rating of “Moderate Buy” and an average target price of $359.16.

CrowdStrike Stock Up 0.8 %

CRWD traded up $2.01 during trading on Friday, reaching $256.16. The stock had a trading volume of 9,584,374 shares, compared to its average volume of 10,010,274. The stock’s 50 day moving average is $354.16 and its two-hundred day moving average is $326.36. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $62.34 billion, a price-to-earnings ratio of 483.33, a P/E/G ratio of 13.09 and a beta of 1.10. CrowdStrike Holdings, Inc. has a one year low of $140.52 and a one year high of $398.33.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, June 4th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The firm had revenue of $921.04 million during the quarter, compared to the consensus estimate of $904.82 million. CrowdStrike had a return on equity of 7.39% and a net margin of 4.01%. As a group, analysts expect that CrowdStrike Holdings, Inc. will post 0.9 earnings per share for the current year.

CrowdStrike Profile

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.