CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Stock Holdings Lifted by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lifted its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 34.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 58,728 shares of the company’s stock after acquiring an additional 15,161 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in CrowdStrike were worth $16,471,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Quent Capital LLC raised its position in shares of CrowdStrike by 59.9% in the 1st quarter. Quent Capital LLC now owns 235 shares of the company’s stock valued at $75,000 after buying an additional 88 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of CrowdStrike by 2.6% in the first quarter. Kingsview Wealth Management LLC now owns 6,731 shares of the company’s stock worth $2,158,000 after buying an additional 169 shares in the last quarter. Nwam LLC lifted its holdings in shares of CrowdStrike by 5.5% during the 1st quarter. Nwam LLC now owns 2,470 shares of the company’s stock worth $772,000 after acquiring an additional 128 shares during the last quarter. Banco Santander S.A. boosted its stake in shares of CrowdStrike by 61.5% during the first quarter. Banco Santander S.A. now owns 37,107 shares of the company’s stock valued at $11,896,000 after purchasing an additional 14,137 shares during the period. Finally, First Foundation Advisors boosted its position in CrowdStrike by 22.7% during the 1st quarter. First Foundation Advisors now owns 265 shares of the company’s stock valued at $85,000 after acquiring an additional 49 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CRWD. Evercore ISI cut their price objective on CrowdStrike from $350.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, July 30th. Morgan Stanley reiterated an “overweight” rating and set a $325.00 price objective on shares of CrowdStrike in a research note on Monday, September 9th. Needham & Company LLC started coverage on CrowdStrike in a research note on Monday, September 23rd. They set a “buy” rating and a $360.00 target price for the company. The Goldman Sachs Group lowered their price target on CrowdStrike from $400.00 to $295.00 and set a “buy” rating for the company in a report on Thursday, August 15th. Finally, TD Cowen dropped their price objective on CrowdStrike from $400.00 to $380.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. 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. According to data from MarketBeat, CrowdStrike currently has a consensus rating of “Moderate Buy” and an average price target of $328.74.

CrowdStrike Trading Down 1.0 %

Shares of CRWD opened at $344.36 on Friday. The company has a 50 day simple moving average of $294.23 and a two-hundred day simple moving average of $309.66. CrowdStrike Holdings, Inc. has a 1 year low of $198.86 and a 1 year high of $398.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $84.41 billion, a P/E ratio of 499.07, a price-to-earnings-growth ratio of 23.52 and a beta of 1.10.

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

Insider Transactions at CrowdStrike

In other news, insider Shawn Henry sold 4,500 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the transaction, the insider now owns 174,591 shares in the company, valued at approximately $45,521,111.43. This represents a 2.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Sameer K. Gandhi sold 5,036 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $320.48, for a total transaction of $1,613,937.28. Following the completion of the transaction, the director now owns 816,730 shares in the company, valued at $261,745,630.40. This represents a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,248 shares of company stock worth $31,103,350. Company insiders own 4.34% of the company’s stock.

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.