Creative Financial Designs Inc. ADV boosted its stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 83.9% in the first quarter, HoldingsChannel.com reports. The fund owned 752 shares of the company’s stock after purchasing an additional 343 shares during the period. Creative Financial Designs Inc. ADV’s holdings in CrowdStrike were worth $137,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of CRWD. International Assets Investment Management LLC raised its position in shares of CrowdStrike by 76.6% in the first quarter. International Assets Investment Management LLC now owns 2,875 shares of the company’s stock valued at $573,000 after buying an additional 1,247 shares during the last quarter. Moseley Investment Management Inc. raised its position in shares of CrowdStrike by 11.9% in the first quarter. Moseley Investment Management Inc. now owns 4,912 shares of the company’s stock valued at $896,000 after buying an additional 524 shares during the last quarter. Triton Wealth Management PLLC acquired a new stake in shares of CrowdStrike in the first quarter valued at about $219,000. Congress Park Capital LLC acquired a new stake in shares of CrowdStrike in the first quarter valued at about $219,000. Finally, Epiq Partners LLC raised its position in shares of CrowdStrike by 174.5% in the first quarter. Epiq Partners LLC now owns 3,020 shares of the company’s stock valued at $551,000 after buying an additional 1,920 shares during the last quarter. Institutional investors own 60.00% of the company’s stock.
A number of equities research analysts have recently commented on CRWD shares. Jefferies Financial Group upgraded shares of CrowdStrike from a “hold” rating to a “buy” rating and increased their target price for the company from $160.00 to $275.00 in a research report on Monday, January 11th. JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $205.00 to $210.00 and gave the company a “neutral” rating in a research report on Thursday, April 15th. DA Davidson increased their target price on shares of CrowdStrike from $185.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, March 23rd. Stifel Nicolaus assumed coverage on shares of CrowdStrike in a research report on Wednesday, February 17th. They issued a “hold” rating and a $240.00 target price for the company. Finally, Truist upped their price objective on shares of CrowdStrike from $200.00 to $250.00 in a report on Wednesday, January 27th. Five research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $232.26.
Shares of CRWD stock opened at $216.73 on Friday. The firm has a market cap of $48.52 billion, a PE ratio of -451.51 and a beta of 1.32. The company has a 50-day moving average of $195.45 and a two-hundred day moving average of $187.20. CrowdStrike Holdings, Inc. has a 1-year low of $65.80 and a 1-year high of $251.28.
CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Monday, March 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.05. The business had revenue of $264.90 million for the quarter, compared to analysts’ expectations of $250.56 million. CrowdStrike had a negative net margin of 13.40% and a negative return on equity of 12.79%. The business’s quarterly revenue was up 74.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.02) earnings per share. As a group, sell-side analysts anticipate that CrowdStrike Holdings, Inc. will post -0.37 EPS for the current fiscal year.
CrowdStrike Holdings, Inc provides cloud-delivered solutions for endpoint and cloud workload protection in the United States, Australia, Germany, India, Israel, Romania, and the United Kingdom. It offers 19 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.
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