Ladenburg Thalmann Financial Services Inc. Acquires New Position in Crowdstrike Holdings Inc (NASDAQ:CRWD)

Ladenburg Thalmann Financial Services Inc. acquired a new stake in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the 2nd quarter, Holdings Channel reports. The fund acquired 1,950 shares of the company’s stock, valued at approximately $134,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Warburg Pincus LLC bought a new position in shares of Crowdstrike in the 2nd quarter worth approximately $3,751,769,000. Vanguard Group Inc. bought a new position in shares of Crowdstrike in the 2nd quarter worth approximately $85,696,000. Price T Rowe Associates Inc. MD bought a new position in shares of Crowdstrike in the 2nd quarter worth approximately $68,481,000. Whale Rock Capital Management LLC bought a new position in shares of Crowdstrike in the 2nd quarter worth approximately $48,300,000. Finally, General Atlantic LLC bought a new position in shares of Crowdstrike in the 2nd quarter worth approximately $44,389,000.

NASDAQ CRWD opened at $46.20 on Wednesday. Crowdstrike Holdings Inc has a 12 month low of $44.58 and a 12 month high of $101.88. The business’s 50 day moving average price is $63.40.

Crowdstrike (NASDAQ:CRWD) last released its earnings results on Thursday, September 5th. The company reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.25. The firm had revenue of $108.10 million for the quarter, compared to the consensus estimate of $103.79 million. The business’s revenue for the quarter was up 94.1% on a year-over-year basis. On average, equities analysts forecast that Crowdstrike Holdings Inc will post -1.06 earnings per share for the current year.

Several equities analysts have recently weighed in on the stock. Mizuho assumed coverage on shares of Crowdstrike in a research note on Monday, July 8th. They issued a “buy” rating and a $80.00 price objective on the stock. ValuEngine cut shares of Crowdstrike from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Citigroup assumed coverage on shares of Crowdstrike in a research note on Monday, October 14th. They issued a “sell” rating and a $43.00 price objective on the stock. JMP Securities assumed coverage on shares of Crowdstrike in a research note on Monday, July 8th. They issued an “outperform” rating and a $80.00 price objective on the stock. Finally, Barclays increased their price objective on shares of Crowdstrike from $80.00 to $94.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. Crowdstrike currently has an average rating of “Buy” and an average target price of $84.60.

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Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crowdstrike Holdings Inc (NASDAQ:CRWD).

Institutional Ownership by Quarter for Crowdstrike (NASDAQ:CRWD)

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