4,750 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Crystal Rock Capital Management

Crystal Rock Capital Management purchased a new position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the third quarter, Holdings Channel reports. The fund purchased 4,750 shares of the company’s stock, valued at approximately $1,332,000. CrowdStrike accounts for 0.8% of Crystal Rock Capital Management’s holdings, making the stock its 25th biggest holding.

A number of other large investors also recently bought and sold shares of CRWD. International Assets Investment Management LLC raised its holdings in CrowdStrike by 17,926.3% in the 3rd quarter. International Assets Investment Management LLC now owns 925,831 shares of the company’s stock worth $259,668,000 after purchasing an additional 920,695 shares during the period. Bank of New York Mellon Corp raised its holdings in CrowdStrike by 47.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after purchasing an additional 564,662 shares during the period. Acadian Asset Management LLC raised its holdings in shares of CrowdStrike by 619.0% during the first quarter. Acadian Asset Management LLC now owns 554,876 shares of the company’s stock valued at $177,865,000 after acquiring an additional 477,706 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of CrowdStrike by 248.6% during the third quarter. Assenagon Asset Management S.A. now owns 521,198 shares of the company’s stock valued at $146,180,000 after acquiring an additional 371,695 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of CrowdStrike by 2.0% during the first quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock valued at $5,149,124,000 after acquiring an additional 315,280 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

CrowdStrike Trading Up 3.8 %

NASDAQ:CRWD opened at $342.42 on Tuesday. CrowdStrike Holdings, Inc. has a 12-month low of $197.17 and a 12-month high of $398.33. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm has a market cap of $83.94 billion, a PE ratio of 496.26, a price-to-earnings-growth ratio of 22.31 and a beta of 1.10. The stock has a fifty day moving average price of $290.92 and a 200 day moving average price of $309.11.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The company had revenue of $963.87 million for the quarter, compared to analysts’ expectations of $958.27 million. During the same period last year, the firm earned $0.06 earnings per share. CrowdStrike’s quarterly revenue was up 31.7% on a year-over-year basis. Sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of CrowdStrike stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the sale, the insider now owns 174,591 shares in the company, valued at approximately $45,521,111.43. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, President Michael Sentonas sold 10,776 shares of CrowdStrike stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $3,203,489.28. Following the sale, the president now owns 400,390 shares in the company, valued at approximately $119,027,939.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $260.73, for a total value of $1,173,285.00. Following the transaction, the insider now directly owns 174,591 shares in the company, valued at approximately $45,521,111.43. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 108,248 shares of company stock worth $32,143,350 over the last ninety days. Corporate insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Robert W. Baird reduced their target price on CrowdStrike from $335.00 to $315.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Westpark Capital reissued a “hold” rating on shares of CrowdStrike in a report on Thursday, September 19th. BNP Paribas assumed coverage on CrowdStrike in a report on Tuesday, October 8th. They set a “neutral” rating and a $285.00 target price for the company. TD Cowen reduced their target price on CrowdStrike from $400.00 to $380.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $290.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $328.74.

CrowdStrike Company 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.