CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) by 5.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,767 shares of the company’s stock after selling 2,149 shares during the quarter. Pacer Advisors Inc.’s holdings in CrowdStrike were worth $10,032,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Quent Capital LLC increased its stake in shares of CrowdStrike by 59.9% in the 1st quarter. Quent Capital LLC now owns 235 shares of the company’s stock valued at $75,000 after purchasing an additional 88 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in shares of CrowdStrike by 81.5% during the 1st quarter. Axxcess Wealth Management LLC now owns 1,541 shares of the company’s stock worth $494,000 after buying an additional 692 shares during the period. Advisors Asset Management Inc. lifted its position in shares of CrowdStrike by 3.4% during the 1st quarter. Advisors Asset Management Inc. now owns 7,754 shares of the company’s stock valued at $2,486,000 after buying an additional 253 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in CrowdStrike by 622.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 101,364 shares of the company’s stock valued at $32,496,000 after acquiring an additional 87,330 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in CrowdStrike by 118.9% in the 1st quarter. Lazard Asset Management LLC now owns 29,819 shares of the company’s stock worth $9,558,000 after acquiring an additional 16,197 shares in the last quarter. 71.16% of the stock is owned by hedge funds and other institutional investors.

CrowdStrike Stock Up 4.1 %

CRWD stock opened at $372.26 on Friday. The company’s 50 day moving average price is $308.04 and its 200 day moving average price is $311.91. The firm has a market capitalization of $91.25 billion, a price-to-earnings ratio of 539.51, a PEG ratio of 25.88 and a beta of 1.10. CrowdStrike Holdings, Inc. has a fifty-two week low of $200.81 and a fifty-two week high of $398.33. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.90 and a current ratio of 1.90.

CrowdStrike (NASDAQ:CRWD) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $963.87 million for the quarter, compared to the consensus estimate of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 EPS. On average, equities research analysts anticipate that CrowdStrike Holdings, Inc. will post 0.49 EPS for the current fiscal year.

Insider Buying and Selling at CrowdStrike

In related news, President Michael Sentonas sold 10,776 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $297.28, for a total value of $3,203,489.28. Following the transaction, the president now directly owns 400,390 shares of the company’s stock, valued at $119,027,939.20. This trade represents a 2.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Shawn Henry sold 4,500 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $260.73, for a total transaction of $1,173,285.00. Following the completion of the sale, the insider now directly owns 174,591 shares of the company’s stock, valued at approximately $45,521,111.43. This trade represents a 2.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 108,248 shares of company stock worth $32,465,110 over the last ninety days. Corporate insiders own 4.34% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on CRWD shares. Stifel Nicolaus upped their price target on shares of CrowdStrike from $300.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday. Westpark Capital restated a “hold” rating on shares of CrowdStrike in a research report on Thursday, September 19th. BMO Capital Markets increased their price objective on shares of CrowdStrike from $290.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, August 29th. DA Davidson restated a “buy” rating and set a $310.00 target price on shares of CrowdStrike in a report on Wednesday, September 18th. Finally, Needham & Company LLC initiated coverage on CrowdStrike in a report on Monday, September 23rd. They issued a “buy” rating and a $360.00 price target for the company. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, thirty have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $335.62.

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.