Warther Private Wealth LLC Has $832,000 Stock Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Warther Private Wealth LLC increased its holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 78.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,967 shares of the company’s stock after purchasing an additional 1,307 shares during the period. Warther Private Wealth LLC’s holdings in CrowdStrike were worth $832,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its position in CrowdStrike by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 16,061,400 shares of the company’s stock valued at $5,149,124,000 after purchasing an additional 315,280 shares during the period. Legal & General Group Plc lifted its holdings in CrowdStrike by 3.0% in the second quarter. Legal & General Group Plc now owns 2,049,704 shares of the company’s stock valued at $785,425,000 after buying an additional 60,607 shares during the period. Ameriprise Financial Inc. grew its holdings in CrowdStrike by 4.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,817,387 shares of the company’s stock worth $696,471,000 after acquiring an additional 77,100 shares during the period. Bank of New York Mellon Corp raised its position in shares of CrowdStrike by 47.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,753,252 shares of the company’s stock worth $671,828,000 after acquiring an additional 564,662 shares in the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of CrowdStrike by 0.9% in the 2nd quarter. Federated Hermes Inc. now owns 1,112,272 shares of the company’s stock valued at $426,212,000 after purchasing an additional 9,564 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CrowdStrike

In related news, insider Shawn Henry sold 4,000 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total transaction of $1,040,000.00. Following the transaction, the insider now owns 179,091 shares of the company’s stock, valued at approximately $46,563,660. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $260.00, for a total value of $1,040,000.00. Following the sale, the insider now owns 179,091 shares in the company, valued at $46,563,660. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sameer K. Gandhi sold 6,250 shares of the company’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of $320.38, for a total transaction of $2,002,375.00. Following the completion of the transaction, the director now owns 821,766 shares of the company’s stock, valued at $263,277,391.08. 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 quarter. Insiders own 4.34% of the company’s stock.

CrowdStrike Trading Up 0.8 %

CrowdStrike stock opened at $307.00 on Friday. CrowdStrike Holdings, Inc. has a fifty-two week low of $170.17 and a fifty-two week high of $398.33. The firm’s fifty day moving average price is $279.73 and its 200-day moving average price is $308.09. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a market cap of $74.71 billion, a P/E ratio of 574.47, a PEG ratio of 19.94 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $963.87 million during the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the company posted $0.06 EPS. Equities research analysts forecast that CrowdStrike Holdings, Inc. will post 0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CRWD shares. UBS Group lowered their target price on CrowdStrike from $330.00 to $310.00 and set a “buy” rating for the company in a report on Thursday, August 29th. BMO Capital Markets upped their target price on shares of CrowdStrike from $290.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. Oppenheimer decreased their price objective on CrowdStrike from $450.00 to $365.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Scotiabank lowered their price target on CrowdStrike from $300.00 to $265.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 14th. Finally, Sanford C. Bernstein cut their price objective on shares of CrowdStrike from $334.00 to $327.00 and set an “outperform” rating on the stock in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $328.74.

CrowdStrike 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.