Advisory Resource Group Purchases 49 Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Advisory Resource Group lifted its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report) by 0.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 6,670 shares of the company’s stock after purchasing an additional 49 shares during the period. Advisory Resource Group’s holdings in CrowdStrike were worth $1,116,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Coppell Advisory Solutions Corp. acquired a new position in CrowdStrike during the 4th quarter worth about $25,000. Silver Oak Securities Incorporated acquired a new position in CrowdStrike during the 3rd quarter worth about $27,000. Blue Bell Private Wealth Management LLC lifted its holdings in CrowdStrike by 173.1% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 213 shares of the company’s stock worth $31,000 after buying an additional 135 shares during the period. Gradient Investments LLC lifted its holdings in CrowdStrike by 1,818.2% during the 3rd quarter. Gradient Investments LLC now owns 211 shares of the company’s stock worth $35,000 after buying an additional 200 shares during the period. Finally, Coppell Advisory Solutions LLC acquired a new position in CrowdStrike during the 2nd quarter worth about $36,000. Institutional investors and hedge funds own 63.53% of the company’s stock.

Insider Transactions at CrowdStrike

In other news, President Michael Sentonas sold 22,123 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $286.00, for a total value of $6,327,178.00. Following the transaction, the president now owns 311,872 shares of the company’s stock, valued at $89,195,392. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other CrowdStrike news, CAO Anurag Saha sold 1,399 shares of the company’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $254.75, for a total transaction of $356,395.25. Following the completion of the sale, the chief accounting officer now directly owns 37,155 shares in the company, valued at $9,465,236.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Michael Sentonas sold 22,123 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $286.00, for a total transaction of $6,327,178.00. Following the sale, the president now owns 311,872 shares of the company’s stock, valued at $89,195,392. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 258,550 shares of company stock valued at $67,168,751. 5.68% of the stock is currently owned by company insiders.

Analyst Ratings Changes

CRWD has been the subject of several research analyst reports. Sanford C. Bernstein initiated coverage on CrowdStrike in a research report on Thursday, January 18th. They issued an “outperform” rating and a $334.00 price objective for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $360.00 target price (up from $240.00) on shares of CrowdStrike in a research report on Monday, February 12th. Mizuho boosted their target price on CrowdStrike from $225.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, December 15th. The Goldman Sachs Group boosted their target price on CrowdStrike from $222.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. Finally, Raymond James assumed coverage on CrowdStrike in a research report on Tuesday, January 30th. They issued an “outperform” rating and a $330.00 target price for the company. One analyst has rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $262.11.

View Our Latest Research Report on CrowdStrike

CrowdStrike Stock Performance

CRWD stock traded down $0.27 during midday trading on Wednesday, reaching $320.94. 2,070,812 shares of the company’s stock traded hands, compared to its average volume of 3,397,419. The company has a 50-day moving average price of $289.89 and a two-hundred day moving average price of $223.08. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.74 and a current ratio of 1.74. CrowdStrike Holdings, Inc. has a 52 week low of $115.67 and a 52 week high of $338.45. The firm has a market capitalization of $77.07 billion, a PE ratio of -5,265.29, a price-to-earnings-growth ratio of 9.69 and a beta of 1.06.

CrowdStrike (NASDAQ:CRWDGet Free Report) last released its quarterly earnings results on Tuesday, November 28th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.08. The firm had revenue of $786.01 million for the quarter, compared to analysts’ expectations of $777.30 million. CrowdStrike had a negative net margin of 0.42% and a positive return on equity of 1.11%. The business’s quarterly revenue was up 35.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.20) earnings per share. As a group, equities analysts anticipate that CrowdStrike Holdings, Inc. will post 0.49 EPS for the current year.

CrowdStrike Company Profile

(Free Report)

CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.

Further Reading

Want to see what other hedge funds are holding CRWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CrowdStrike Holdings, Inc. (NASDAQ:CRWDFree Report).

Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

Receive News & Ratings for CrowdStrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrowdStrike and related companies with MarketBeat.com's FREE daily email newsletter.