Fairfield Financial Advisors LTD Invests $38,000 in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Fairfield Financial Advisors LTD bought a new stake in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 100 shares of the company’s stock, valued at approximately $38,000.

Several other large investors have also added to or reduced their stakes in CRWD. Trivant Custom Portfolio Group LLC bought a new position in shares of CrowdStrike during the 1st quarter worth approximately $30,000. Family Firm Inc. bought a new position in CrowdStrike during the second quarter worth $30,000. Johnson Financial Group Inc. acquired a new stake in CrowdStrike in the fourth quarter worth $31,000. Northwest Bank & Trust Co bought a new stake in CrowdStrike in the fourth quarter valued at $32,000. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of CrowdStrike during the first quarter valued at about $32,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Insider Activity at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 55,587 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $376.45, for a total value of $20,925,726.15. Following the completion of the transaction, the chief executive officer now owns 1,127,843 shares in the company, valued at approximately $424,576,497.35. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO George Kurtz sold 55,587 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $376.45, for a total value of $20,925,726.15. Following the completion of the transaction, the chief executive officer now directly owns 1,127,843 shares in the company, valued at $424,576,497.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shawn Henry sold 5,504 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $380.63, for a total transaction of $2,094,987.52. Following the sale, the insider now directly owns 195,168 shares in the company, valued at approximately $74,286,795.84. The disclosure for this sale can be found here. In the last three months, insiders have sold 125,719 shares of company stock worth $47,133,109. 4.34% of the stock is owned by company insiders.

CrowdStrike Price Performance

Shares of NASDAQ:CRWD opened at $259.13 on Monday. The company has a 50-day moving average price of $276.14 and a two-hundred day moving average price of $313.67. CrowdStrike Holdings, Inc. has a twelve month low of $157.59 and a twelve month high of $398.33. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $63.06 billion, a PE ratio of 488.92, a P/E/G ratio of 16.14 and a beta of 1.09.

CrowdStrike (NASDAQ:CRWD) last released its quarterly earnings data on Wednesday, August 28th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $963.87 million during the quarter, compared to analyst estimates of $958.27 million. CrowdStrike had a net margin of 4.84% and a return on equity of 8.44%. CrowdStrike’s revenue was up 31.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 EPS. Equities analysts forecast that CrowdStrike Holdings, Inc. will post 0.56 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently commented on CRWD shares. TD Cowen decreased their target price on CrowdStrike from $400.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. Jefferies Financial Group decreased their price objective on CrowdStrike from $400.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Raymond James cut their target price on CrowdStrike from $380.00 to $275.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Hsbc Global Res upgraded shares of CrowdStrike from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 30th. Finally, Argus dropped their price objective on shares of CrowdStrike from $400.00 to $325.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $327.16.

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.