Dynamic Technology Lab Private Ltd Takes Position in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Dynamic Technology Lab Private Ltd acquired a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 2,282 shares of the company’s stock, valued at approximately $583,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. CVA Family Office LLC purchased a new position in CrowdStrike during the fourth quarter valued at approximately $26,000. Hexagon Capital Partners LLC bought a new position in shares of CrowdStrike in the fourth quarter worth $26,000. Bear Mountain Capital Inc. purchased a new stake in shares of CrowdStrike in the fourth quarter worth $27,000. McGlone Suttner Wealth Management Inc. bought a new stake in CrowdStrike during the fourth quarter valued at $36,000. Finally, Quent Capital LLC grew its position in CrowdStrike by 48.5% during the fourth quarter. Quent Capital LLC now owns 147 shares of the company’s stock worth $38,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Morgan Stanley raised their price target on CrowdStrike from $304.00 to $372.00 and gave the company an “overweight” rating in a report on Wednesday, March 13th. Macquarie reiterated an “outperform” rating and set a $370.00 target price on shares of CrowdStrike in a research report on Tuesday, March 19th. JPMorgan Chase & Co. increased their price target on shares of CrowdStrike from $350.00 to $371.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Scotiabank raised their price objective on shares of CrowdStrike from $320.00 to $400.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 6th. Finally, Citigroup upped their target price on shares of CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. One analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $371.87.

CrowdStrike Stock Performance

Shares of CRWD opened at $342.35 on Friday. The company has a market cap of $82.80 billion, a price-to-earnings ratio of 951.00, a P/E/G ratio of 13.82 and a beta of 1.08. The business’s fifty day simple moving average is $316.33 and its two-hundred day simple moving average is $286.86. CrowdStrike Holdings, Inc. has a 12 month low of $139.37 and a 12 month high of $365.00. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.32.

CrowdStrike (NASDAQ:CRWD) last issued its earnings results on Tuesday, March 5th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $845.34 million during the quarter, compared to analyst estimates of $839.08 million. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. Research analysts anticipate that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Burt W. Podbere sold 5,424 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $349.01, for a total value of $1,893,030.24. Following the transaction, the chief financial officer now directly owns 308,593 shares in the company, valued at approximately $107,702,042.93. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other CrowdStrike news, insider Shawn Henry sold 4,000 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $333.52, for a total value of $1,334,080.00. Following the transaction, the insider now directly owns 204,961 shares in the company, valued at $68,358,592.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Burt W. Podbere sold 5,424 shares of CrowdStrike stock in a transaction on Monday, May 20th. The stock was sold at an average price of $349.01, for a total transaction of $1,893,030.24. Following the transaction, the chief financial officer now owns 308,593 shares in the company, valued at approximately $107,702,042.93. The disclosure for this sale can be found here. In the last quarter, insiders sold 317,000 shares of company stock valued at $101,229,160. Company insiders own 4.34% of the company’s stock.

CrowdStrike Company 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.