Russell Investments Group Ltd. Has $24.09 Million Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Russell Investments Group Ltd. lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 19.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,177 shares of the company’s stock after purchasing an additional 26,787 shares during the period. Russell Investments Group Ltd. owned 0.07% of CrowdStrike worth $24,091,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ameritas Investment Partners Inc. grew its stake in CrowdStrike by 1.4% in the 1st quarter. Ameritas Investment Partners Inc. now owns 4,562 shares of the company’s stock valued at $1,036,000 after buying an additional 65 shares during the last quarter. Arthur M. Cohen & Associates LLC grew its stake in CrowdStrike by 0.6% in the 2nd quarter. Arthur M. Cohen & Associates LLC now owns 11,477 shares of the company’s stock valued at $1,685,000 after buying an additional 68 shares during the last quarter. Column Capital Advisors LLC grew its stake in CrowdStrike by 17.5% in the 2nd quarter. Column Capital Advisors LLC now owns 496 shares of the company’s stock valued at $73,000 after buying an additional 74 shares during the last quarter. Apexium Financial LP grew its stake in CrowdStrike by 3.3% in the 1st quarter. Apexium Financial LP now owns 2,332 shares of the company’s stock valued at $320,000 after buying an additional 75 shares during the last quarter. Finally, Equitable Trust Co. grew its stake in CrowdStrike by 2.3% in the 2nd quarter. Equitable Trust Co. now owns 3,481 shares of the company’s stock valued at $511,000 after buying an additional 77 shares during the last quarter. 63.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CRWD shares. Citigroup increased their target price on shares of CrowdStrike from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, September 19th. UBS Group increased their target price on shares of CrowdStrike from $170.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Macquarie increased their target price on shares of CrowdStrike from $180.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, September 21st. BMO Capital Markets restated an “outperform” rating and set a $167.00 target price on shares of CrowdStrike in a research report on Thursday, September 21st. Finally, JPMorgan Chase & Co. increased their target price on shares of CrowdStrike from $190.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 14th. Three analysts have rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. According to data from MarketBeat.com, CrowdStrike currently has a consensus rating of “Moderate Buy” and a consensus price target of $194.08.

CrowdStrike Trading Up 0.3 %

NASDAQ:CRWD opened at $207.73 on Tuesday. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $49.60 billion, a price-to-earnings ratio of -506.66, a PEG ratio of 17.92 and a beta of 0.93. The firm has a fifty day simple moving average of $179.55 and a two-hundred day simple moving average of $160.27. CrowdStrike Holdings, Inc. has a 12 month low of $92.25 and a 12 month high of $210.09.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings results on Wednesday, August 30th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. CrowdStrike had a negative net margin of 3.54% and a negative return on equity of 4.05%. The business had revenue of $731.63 million during the quarter, compared to analysts’ expectations of $725.44 million. Analysts expect that CrowdStrike Holdings, Inc. will post 0.32 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 10,321 shares of the firm’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $167.98, for a total transaction of $1,733,721.58. Following the transaction, the president now directly owns 370,968 shares of the company’s stock, valued at $62,315,204.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, President Michael Sentonas sold 10,321 shares of the firm’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $167.98, for a total transaction of $1,733,721.58. Following the transaction, the president now directly owns 370,968 shares of the company’s stock, valued at $62,315,204.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Kurtz sold 56,921 shares of the firm’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $162.95, for a total transaction of $9,275,276.95. Following the transaction, the chief executive officer now directly owns 1,100,089 shares in the company, valued at $179,259,502.55. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,083 shares of company stock valued at $26,680,472. Corporate insiders own 5.68% of the company’s stock.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.