Commonwealth Financial Services LLC Has $365,000 Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Commonwealth Financial Services LLC lowered its stake in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 3.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,326 shares of the company’s stock after selling 53 shares during the period. Commonwealth Financial Services LLC’s holdings in CrowdStrike were worth $365,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Arlington Financial Advisors LLC raised its position in shares of CrowdStrike by 1.5% in the second quarter. Arlington Financial Advisors LLC now owns 2,030 shares of the company’s stock valued at $778,000 after purchasing an additional 30 shares during the period. Saturna Capital Corp boosted its holdings in CrowdStrike by 2.7% during the first quarter. Saturna Capital Corp now owns 1,273 shares of the company’s stock valued at $408,000 after acquiring an additional 33 shares during the period. Sunpointe LLC grew its position in shares of CrowdStrike by 3.1% in the third quarter. Sunpointe LLC now owns 1,131 shares of the company’s stock valued at $317,000 after purchasing an additional 34 shares during the last quarter. Means Investment CO. Inc. lifted its position in shares of CrowdStrike by 1.8% during the 2nd quarter. Means Investment CO. Inc. now owns 1,933 shares of the company’s stock worth $741,000 after purchasing an additional 35 shares during the last quarter. Finally, Albion Financial Group UT boosted its stake in CrowdStrike by 3.7% during the 1st quarter. Albion Financial Group UT now owns 1,096 shares of the company’s stock valued at $351,000 after purchasing an additional 39 shares during the period. Institutional investors own 71.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CRWD. Piper Sandler reiterated an “overweight” rating and set a $290.00 price target on shares of CrowdStrike in a report on Thursday, September 19th. Oppenheimer reduced their price target on shares of CrowdStrike from $450.00 to $365.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. JMP Securities reaffirmed a “market outperform” rating and set a $400.00 price objective on shares of CrowdStrike in a research report on Tuesday, September 24th. BTIG Research downgraded CrowdStrike from a “buy” rating to a “neutral” rating in a research report on Monday, July 22nd. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $325.00 price objective on shares of CrowdStrike in a research report on Thursday, September 19th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-one have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $328.74.

Insider Buying and Selling at CrowdStrike

In related news, insider Shawn Henry sold 4,500 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the transaction, the insider now directly owns 174,591 shares in the company, valued at approximately $45,521,111.43. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Shawn Henry sold 4,500 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total value of $1,173,285.00. Following the completion of the transaction, the insider now owns 174,591 shares of the company’s stock, valued at approximately $45,521,111.43. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Anurag Saha sold 1,683 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $297.28, for a total transaction of $500,322.24. Following the sale, the chief accounting officer now directly owns 38,962 shares in the company, valued at $11,582,623.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 103,212 shares of company stock valued at $30,529,413 in the last 90 days. 4.34% of the stock is currently owned by company insiders.

CrowdStrike Stock Up 1.1 %

Shares of NASDAQ CRWD traded up $3.31 during mid-day trading on Thursday, reaching $302.61. 293,600 shares of the company’s stock were exchanged, compared to its average volume of 5,143,767. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $279.73 and a 200 day simple moving average of $308.09. CrowdStrike Holdings, Inc. has a twelve month low of $170.17 and a twelve month high of $398.33. The firm has a market capitalization of $73.64 billion, a price-to-earnings ratio of 564.72, a PEG ratio of 19.94 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.07. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The company had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. During the same quarter in the prior year, the company earned $0.06 earnings per share. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. As a group, equities analysts expect that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

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.