4,971 Shares in CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP bought a new position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,971 shares of the company’s stock, valued at approximately $1,269,000. CrowdStrike comprises approximately 0.9% of Semanteon Capital Management LP’s investment portfolio, making the stock its 9th largest holding.

Other large investors have also bought and sold shares of the company. HB Wealth Management LLC raised its position in shares of CrowdStrike by 22.3% in the 3rd quarter. HB Wealth Management LLC now owns 1,726 shares of the company’s stock worth $289,000 after acquiring an additional 315 shares in the last quarter. Capital Investment Advisors LLC bought a new position in shares of CrowdStrike in the 3rd quarter worth about $277,000. DAVENPORT & Co LLC raised its position in shares of CrowdStrike by 42.6% in the 3rd quarter. DAVENPORT & Co LLC now owns 2,813 shares of the company’s stock worth $471,000 after acquiring an additional 841 shares in the last quarter. Founders Financial Securities LLC raised its position in shares of CrowdStrike by 12.3% in the 3rd quarter. Founders Financial Securities LLC now owns 1,580 shares of the company’s stock worth $264,000 after acquiring an additional 173 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its position in shares of CrowdStrike by 70.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 9,552 shares of the company’s stock worth $1,599,000 after acquiring an additional 3,960 shares in the last quarter. 71.16% of the stock is owned by institutional investors.

CrowdStrike Stock Performance

Shares of NASDAQ CRWD traded up $0.40 during midday trading on Thursday, reaching $298.02. The company’s stock had a trading volume of 1,770,860 shares, compared to its average volume of 3,547,484. CrowdStrike Holdings, Inc. has a 12-month low of $115.67 and a 12-month high of $365.00. The firm has a 50 day moving average price of $315.21 and a 200-day moving average price of $267.28. The stock has a market capitalization of $72.08 billion, a P/E ratio of 827.83, a PEG ratio of 11.98 and a beta of 1.05. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.76 and a quick ratio of 1.76.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. CrowdStrike had a return on equity of 6.09% and a net margin of 2.92%. The business had revenue of $845.34 million for the quarter, compared to the consensus estimate of $839.08 million. As a group, equities analysts predict that CrowdStrike Holdings, Inc. will post 1.12 earnings per share for the current year.

Insider Activity at CrowdStrike

In related news, President Michael Sentonas sold 18,747 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $325.80, for a total value of $6,107,772.60. Following the transaction, the president now owns 382,958 shares in the company, valued at $124,767,716.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other CrowdStrike news, President Michael Sentonas sold 18,747 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $325.80, for a total transaction of $6,107,772.60. Following the sale, the president now owns 382,958 shares of the company’s stock, valued at approximately $124,767,716.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shawn Henry sold 4,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $308.79, for a total transaction of $1,235,160.00. Following the sale, the insider now directly owns 208,961 shares in the company, valued at approximately $64,525,067.19. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 223,544 shares of company stock worth $72,113,932. Insiders own 5.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on CRWD. Cantor Fitzgerald reissued an “overweight” rating and issued a $400.00 price objective on shares of CrowdStrike in a research report on Wednesday, April 17th. HSBC lifted their price objective on CrowdStrike from $411.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. KeyCorp decreased their target price on CrowdStrike from $430.00 to $376.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. Truist Financial boosted their target price on CrowdStrike from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of CrowdStrike in a research report on Wednesday, January 17th. One research analyst has rated the stock with a hold rating and thirty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, CrowdStrike presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.87.

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.