1,264 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Purchased by Legacy Financial Strategies LLC

Legacy Financial Strategies LLC bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,264 shares of the company’s stock, valued at approximately $355,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Burney Co. purchased a new position in CrowdStrike during the first quarter worth approximately $1,342,000. Doliver Advisors LP boosted its position in CrowdStrike by 223.2% during the third quarter. Doliver Advisors LP now owns 6,754 shares of the company’s stock worth $1,894,000 after purchasing an additional 4,664 shares in the last quarter. HWG Holdings LP purchased a new position in CrowdStrike during the second quarter worth approximately $2,955,000. Principal Financial Group Inc. boosted its position in CrowdStrike by 429.2% during the second quarter. Principal Financial Group Inc. now owns 298,443 shares of the company’s stock worth $114,360,000 after purchasing an additional 242,052 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its position in CrowdStrike by 24.3% during the second quarter. Newbridge Financial Services Group Inc. now owns 10,060 shares of the company’s stock worth $3,855,000 after purchasing an additional 1,966 shares in the last quarter. 71.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CRWD shares. JPMorgan Chase & Co. lowered their price target on CrowdStrike from $400.00 to $330.00 and set an “overweight” rating on the stock in a research report on Monday, July 29th. Hsbc Global Res upgraded CrowdStrike from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 30th. Jefferies Financial Group raised their target price on CrowdStrike from $315.00 to $345.00 and gave the company a “buy” rating 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, Redburn Atlantic downgraded CrowdStrike from a “neutral” rating to a “sell” rating and decreased their target price for the company from $380.00 to $275.00 in a research report on Thursday, July 18th. One investment 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 issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $328.74.

CrowdStrike Trading Down 0.1 %

Shares of NASDAQ CRWD traded down $0.19 during trading on Friday, reaching $310.15. The stock had a trading volume of 2,897,118 shares, compared to its average volume of 5,201,307. CrowdStrike Holdings, Inc. has a fifty-two week low of $170.17 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. The business’s 50-day moving average price is $276.25 and its 200-day moving average price is $308.36. The company has a market cap of $75.48 billion, a P/E ratio of 585.19, a PEG ratio of 19.94 and a beta of 1.10.

CrowdStrike (NASDAQ:CRWD) last issued 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. CrowdStrike had a return on equity of 8.44% and a net margin of 4.84%. The business had revenue of $963.87 million during the quarter, compared to analysts’ expectations of $958.27 million. During the same period in the previous year, the firm posted $0.06 earnings per share. The company’s revenue was up 31.7% on a year-over-year basis. On average, equities research analysts predict that CrowdStrike Holdings, Inc. will post 0.53 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’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 directly owns 821,766 shares of the company’s stock, valued at $263,277,391.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Sameer K. Gandhi sold 6,250 shares of the business’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 directly owns 821,766 shares of the company’s stock, valued at $263,277,391.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $260.00, for a total value of $1,040,000.00. Following the transaction, the insider now directly owns 179,091 shares of the company’s stock, valued at $46,563,660. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 103,212 shares of company stock valued at $30,529,413 in the last three months. 4.34% of the stock is owned by corporate insiders.

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.