CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Bought by Artemis Investment Management LLP

Artemis Investment Management LLP grew its holdings in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 39.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 245,842 shares of the company’s stock after acquiring an additional 69,421 shares during the period. Artemis Investment Management LLP’s holdings in CrowdStrike were worth $44,845,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale boosted its holdings in shares of CrowdStrike by 27.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 30,193 shares of the company’s stock valued at $5,358,000 after buying an additional 6,522 shares during the period. J.W. Cole Advisors Inc. increased its position in CrowdStrike by 13.0% in the first quarter. J.W. Cole Advisors Inc. now owns 8,325 shares of the company’s stock worth $1,519,000 after buying an additional 961 shares during the period. Mizuho Markets Cayman LP bought a new stake in CrowdStrike in the first quarter valued at $2,866,000. Front Row Advisors LLC acquired a new position in shares of CrowdStrike during the first quarter valued at $27,000. Finally, Chicago Partners Investment Group LLC grew its position in shares of CrowdStrike by 12.5% during the first quarter. Chicago Partners Investment Group LLC now owns 3,457 shares of the company’s stock worth $776,000 after acquiring an additional 384 shares during the last quarter. 60.00% of the stock is owned by institutional investors and hedge funds.

CrowdStrike stock opened at $205.12 on Tuesday. CrowdStrike Holdings, Inc. has a fifty-two week low of $67.81 and a fifty-two week high of $251.28. The firm’s 50 day simple moving average is $200.39 and its 200-day simple moving average is $191.09. The company has a market cap of $45.92 billion, a P/E ratio of -427.32 and a beta of 1.32.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Monday, March 15th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.05. The firm 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 company’s quarterly revenue was up 74.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.02) EPS. As a group, research analysts predict that CrowdStrike Holdings, Inc. will post -0.37 earnings per share for the current fiscal year.

In other news, CEO George Kurtz sold 93,645 shares of the business’s stock in a transaction on Monday, March 22nd. The shares were sold at an average price of $195.37, for a total transaction of $18,295,423.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael J. Carpenter sold 500 shares of the company’s stock in a transaction on Tuesday, February 9th. The stock was sold at an average price of $225.08, for a total transaction of $112,540.00. The disclosure for this sale can be found here. Insiders have sold 367,933 shares of company stock worth $75,881,051 in the last quarter. 11.32% of the stock is currently owned by corporate insiders.

A number of research firms have issued reports on CRWD. Bank of America reissued a “buy” rating and set a $250.00 target price on shares of CrowdStrike in a research note on Wednesday, March 17th. Credit Suisse Group assumed coverage on CrowdStrike in a research report on Tuesday, March 16th. They set a “neutral” rating and a $225.00 price objective for the company. JPMorgan Chase & Co. lifted their target price on CrowdStrike from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Thursday, April 15th. Deutsche Bank Aktiengesellschaft began coverage on CrowdStrike in a research report on Wednesday, April 21st. They set a “buy” rating and a $265.00 price target for the company. Finally, Summit Insights raised CrowdStrike from a “sell” rating to a “buy” rating and set a $275.00 price target on the stock in a report on Monday, January 25th. Five research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $232.26.

CrowdStrike Profile

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.

Read More: Market Capitalization – What it Means for Investors

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Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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